India: Over 200,000 t iron ore fines booked at JSW’s auction from Odisha

JSW Steel Ltd (JSW) put up 221,200 t of iron ore fines (Fe 55-65%) for auction from Nuagaon and Jajang mines in Odisha on 3 Nov’22. The steelmaker received bids for the entire quantity at INR 1,460-3,510/t while floor prices for the auction were set at INR 1,400-3,200/t (inclusive of royalty, DMF and NMET charges).


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