Vedanta’s subsidiary Electrosteel Steels Ltd (ESL) scheduled an auction for sale of around 52,000 t of iron ore lumps (Fe58-60%) on 6 Sept’22 from its Nadidih BICO and Feegrade mines in Odisha’s Keonjhar district. Around 20,000 t of lumps were booked at INR 3,800/t while 32,000 t of lumps were booked at INR 3,850/t (including royalty, DMF and NMET charges).
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