Tag: JSW iron ore auction

India: JSW Steel’s iron ore lump auction receives flat bids

Feb 10, 2021

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by

Monika Bajaj

in Fines/Lumps

JSW Steel had scheduled an e-auction today through MSTC for 500,000 t iron ore lumps. The auction received flat bids with nearly 60% material getting booked, SteelMint learned. Out of the 250,000 t high-grade iron ore lump (10-30mm, Fe 62%) put under the hammer from Nuagaon mines, 248,000 t was booked at close to base…