India Steel Market Watch
October 15: Auction of iron ore fines of Fe 54% from Karnataka fetched a price of Rs 500 per ton (basic), while iron ore lumps of Fe 61% fetched Rs 1,800 per ton, according to information available with ISMW.
The fines were procured by JSW Steel, sources said.
Fe 60% lumps in the Goa e-auction fetched Rs 600 per ton.