India: 32,000 t of iron ore lump booked at JSPL’s auction

Jindal Steel and Power Ltd (JSPL) had scheduled an auction today for 32,000 t of iron ore lumps (5-18mm, crushed) from its TRB mines in Tensa, Odisha. According to market sources, the entire quantity of 32,000 t (Fe59%) was booked at INR 4,100-4,110/t against the base price of INR 3,900/wet metric tonne (WMT) ex-mines (including royalty, DMF and NMET).


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