India: 36,000 t iron ore lump booked at Vedanta’s Karnataka auction

Vedanta had scheduled an auction on 3 Sep’22 for sale of iron ore lumps from its A. Narrain mines in Karnataka’s Chitradurga district. According to market sources, the entire quantity of 36,000 t of lumps (Fe59.50%) was booked at around INR 4,625/t against the base price of INR 3,545/t. Prices exclude royalty, DMF and NMET.


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