JSW Steel conducted an auction for 387,100 t of iron ore CLO (10-40 mm, Fe 55-65%) from its Narayanposhi, Nuagaon and Jajang mines in Odisha on 3 Jul’24. According to sources, 292,300 t of CLO got booked at INR 2,610-5,710/t against the base price of INR 2,600-5,300/t. Prices are on ex-mines/plot basis and inclusive of royalty, DMF and NMET.
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