JSW Steel has scheduled an auction for 23,700 t of Fe 52-55% iron ore fines on 31 Aug’21. The company is using the MSTC platform (a government undertaking) to conduct the e-auction from its Jajang mine in Keonjhar district, Odisha. The steelmaker is keeping the floor price for the auction at INR 800/t (including royalty, DMF and NMET). Earlier, the steelmaker had scheduled an auction for 23,700 t of Fe 55-58% iron ore fines on 24 Aug’21.
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