JSW Steel conducted an auction for 426,600 t of iron ore fines (Fe 55-65%) from Narayanposhi and Jajang mines in Odisha on 10 Nov’22.
- Entire material of Fe 62-65% grade (110,600 t) was sold at INR 3,240/t.
- 63,200 t of Fe 60-62% material was sold at INR 2,800/t.
- Out of 252,800 t of fines of Fe 55-58% grade, only 19,750 t was sold at INR 1,400/t.
- All prices are including royalty, DMF, and NMET.
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