India: Over 640,000 t of iron ore fines booked at Odisha auctions today

  • ESL conducted an auction for 40,000 t iron ore fines (Fe57%) and the entire quantity was sold at INR 4,050-4,100/t against the floor price of INR 3,800/t.
  • JSW conducted an auction for 600,400 t of iron ore fines. 197,500 t fines (Fe54.5%) and 402,900 t fines (Fe56%) were booked at INR 2,350/t and INR 3,010-3,040/t, respectively.
  • Prices include royalty, DMF, and NMET charges and is on ex-mines/plot.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *