Veerabhadrappa Sangappa and Company (VESCO) has scheduled an auction for sale of around 92,000 t of iron ore fines (Fe63.40-64.05%) and 20,000 t of lumps (Fe64.15%) on 26 Sept’22 from its Ramanamalai mines in Karnataka. The floor price for fines and lumps has been set at INR 2,750-2,825/t and INR 3,790/t, respectively (excluding royalty, DMF and NMET charges).
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