India: More than 1 mn t of iron ore booked at JSW auction

Steel major JSW Steel had scheduled an auction for 1.18 mn t of iron ore fines ( Fe 57%) today. The company conducted the e-auction on the MSTC platform. The entire quantity was booked at INR 710/t (ex-mines). The base price had been set at INR 700/t (ex-mines), as per reports.


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