Tag: Iron ore E-auction Karnataka

India: JSW Steel Increases Iron Ore Purchase from Karnataka Post NMDC Price Cut

Jul 4, 2018

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by

Indranath Jha

in Fines/Lumps

JSW Steel has started purchasing iron ore aggressively from NMDC Karnataka post price reduction announcement made by the company on 22 Jun’18. JSW Steel’s iron ore purchases from Karnataka e-auctions stood at 1.06 MnT in Jun’18 up by 3% M-o-M compared to 1.03 MnT in May’18. Out of 1.06 MnT iron ore sourced by JSW…