India: Vedanta-ESL to auction 10,000 t of iron ore from Odisha

Vedanta-Electrosteel Steels Limited (ESL) has released a notification for an auction of 10,000 t of iron ore CLO (5-18 mm, Fe 61%) from its Nadidih’s BICO and Feegrade mines in Odisha on 27 Aug’24. The floor price for the auction which is yet to be declared by the company will be on ex-mines/stack yard basis and inclusive of royalty, DMF and NMET.


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