Tag: JSW iron ore auction

Steel major JSW Steel had scheduled an auction for 604,000 t of Fe 55-57% iron ore fines today. They have received bids for the entire material booked at INR 470-480/t (ex-mines, including Royalty, DMF, and NMET), market sources reported to SteelMint. The company used the MSTC platform (a government undertaking) to conduct the e-auction from…