Author: Nidhi Awasthi
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India: Buyers book over 40,000 t of iron ore lumps in auction from Karnataka
Vedanta: 16,000 t of lumps (10-40 mm, Fe 54.5%) got booked at INR 3,520/t from its A. Narrain mines on 15 Mar’24. VESCO: 28,000 t of lumps (10-40 mm, Fe 61.45- 64%) got booked at INR 6,250-6,760/t from its Ramanamalai mines on 11 Mar’24 while another auction for 20,000 t lumps fetched no bids. Vedanta’s…