- Vedanta conducted an auction of 20,000 t of iron ore lumps (Fe58.5%) today. The entire quantity was booked at INR 4,132/t against the base price of INR 3,722/t (excluding royalty, DMF, and NMET) .
- However, Nadeem Minerals’ auction for 60,000 t of iron ore (Fe35-44.84%) and VESCO’s 44,000 t (Fe58.25-64.8%) auction, both held today, failed to attract buyers and material offered remained unsold.
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