Vedanta-Electrosteel Steels Limited (ESL) has scheduled an auction of 6,000 t of CLO (5-18 mm, Fe 60.5%) at INR 5,350/t and 20,000 t of CLO (10-40 mm, Fe 61%) at INR 5,300/t from its Nadidih’s BICO and Feegrade mines in Odisha. The auction will be held on 7 May’24. In its previous auction on 29 Apr’24, 6,000 t of CLO (10-40 mm, Fe 61%) was booked at INR 5,300/t. Prices are on ex-mines/plot basis and include royalty, DMF & NMET.
