Tag: JSW iron ore auction

India: JSW’s iron ore auction from Odisha receives improved response on lower base price

Mar 1, 2022

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by

P Anjali

in Fines/Lumps

Steel major JSW Steel had scheduled an auction for 833,450 t of iron ore fines (Fe 53-55%) on 01 Mar’22 from its Jajang mines in Odisha in which 296,250 t was booked at INR 1,250/t ex-mines including royalty, DMF and NMET. The miner had lowered its base price to INR 1,650/t against its previous e-auction…