Vedanta-Electrosteel Steels Limited (ESL) has released a notification for auction of 8,000 t of iron ore CLO (5-18 mm, Fe 60%) and 10,000 t of CLO (10-40 mm, Fe 60.5%) from Nadidih BICO and Feegrade mines in Odisha. The auction will be held on 16 Apr’24. The floor price set at INR 5,050-5,200/t is on ex-mines/plot basis and inclusive of royalty, DMF and NMET.
