India: JSW’s iron ore lump auction from Odisha receives poor response

Steel major JSW Steel scheduled an auction for 205,400 tonnes (t) of crushed iron ore lump (Fe 55-58%) today from its Jajang mines in Odisha out of which only 19,750 t was booked at the base price of INR 4,800/t ex-mines including royalty, DMF and NMET.


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