JSW’s iron ore auction conducted today fetched active response with bids rising up to INR 350/t over base price.
- 197,500 t (10-40 mm sc, Fe 60%) was booked at INR 4,830-4,850/t.
- 23,700 t (10-40mm sc, Fe 62%) at INR 5.400-5,420/t.
- 197,500 t CLO (10-40mm, Fe 56%) was booked at INR 2,810/t. Prices include royalty, DMF and NMET