Vedanta’s subsidiary, Electrosteel Steels Ltd (ESL), has scheduled an auction for the sale of around 110,000 t of iron ore fines and lumps (Fe61%) on 15 Dec’22 from its Nadidih, BICO and Feegrade mines in Odisha’s Sundargarh district. The floor price for the auction is yet to be declared by the company (inclusive of royalty, DMF, and NMET charges).
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