Jindal Steel and Power Ltd (JSPL) has scheduled an auction for 32,000 t of iron ore lumps (5-18mm, Fe59%) on 20 Oct. The material is from the company’s TRB mines in Tensa, Odisha. The floor price for the auction has been set at INR 3,900/wet metric tonne (WMT) ex-mines. Prices are inclusive of royalty, DMF and NMET.
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