India: JSW Steel to auction over 1.8 mn t of iron ore fines

JSW Steel has scheduled an auction for 1.185 mn t of Fe 57-59% iron ore fines on 18 Nov’21. The company is using the MSTC platform to conduct the e-auction from its Jajang mine in Odisha’s Keonjhar district. At JSW’s previous auction for Fe 55-57% grade material, the entire quantity had been booked at INR 470-480/t (loaded, including royalty and other levies).


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