Vedanta’s subsidiary, ESL Steel Limited, scheduled an auction for sale of around 50,000 t of iron ore fines (Fe60-62%) on 30 Dec’22 from its Nadidih BICO and Feegrade mines in Odisha’s Keonjhar district. Around 10,000 t of the total quantity was booked at the base price of INR 4,350/t (including royalty, DMF and NMET charges)
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