India: Entire quantity booked in JSW's iron ore fines auction from Odisha

India: JSW iron ore auction from Odisha fails to attract bids

Integrated steel producer JSW Steel had scheduled an auction for 600,400 t of iron ore fines (Fe 52-55%) on 23 Nov’21. The company conducted the e-auction on the MSTC platform, with the base price of the material set at INR 400/t ex-mines. According to latest updates received by SteelMint, the tender did not receive bids.


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