Tag: JSW steel iron ore fines auction
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India: JSW Steel reduces floor price for upcoming iron ore auction
JSW Steel has scheduled an auction for 23,700 t of Fe 55%-Fe 58% iron ore fines on 8 Sept’21. The company is using the MSTC platform (a government undertaking) to conduct the e-auction from its Jajang mine in Odisha’s Keonjhar district. The steelmaker is keeping the floor price for the auction at INR 1,500/t (including…