In the recent Karnataka iron ore e-auction held on 25th Nov’20, 255,000t (208,000 fines and 47,000 lumps) iron ore received bids out of the total 311,000 t put to auction. The auction conducted was of private miners & JSW Steel stood the largest buyer at 164,000 t. The bids in the auction increased upto INR 1,640/t over the set base price.
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