Vedanta-Electrosteel Steels Limited (ESL) conducted an auction for 5,000 t of iron ore CLO (5-18 mm, Fe 61%) from its Nadidih’s BICO and Feegrade mines in Odisha on 3 Aug’24. According to sources, entire quantity of CLO got booked at INR 5,205-5,255/t against the base price of INR 4,755/t. Price is on ex-mines/plot basis and inclusive of royalty, DMF and NMET.
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