India Steel Market Watch
December 3: Auctions of iron ore lumps of Fe 63% from Karnataka fetched a price of Rs 2,000 per ton (basic), according to information available with ISMW.
Auction of iron ore fines of Fe 58% from Karnataka fetched a price of Rs 600 per ton (basic).
The fines were procured by JSW Steel, sources said.
Fe 57% lumps in the Goa e-auction fetched Rs 500 per ton, while fines of Fe 57% fetched the same price in the e-auctions.