India: JSW Steel offers iron ore from Nuagaon mines for merchant sales

JSW Steel is offering iron ore for merchant sales from its Nuagaon mines in Odisha, credible sources confirmed SteelMint. The company is offering fines (Fe 62.5%) at INR 5,400/t and 10-40 mm cr iron ore lump (Fe 62%) at INR 6,600/t (ex-mines including royalty, DMF & NMET). JSW had won the mine at a premium of 95.2% in the Odisha auctions. Spread over 767.284 ha, the mine has an environment clearance (EC) limit of 5.62 mn t.


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