Author: Nishtha Mukherjee
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India: Electrosteel Steels wins Nadidih BICO iron ore block at Odisha auctions
Electrosteel Steels has placed the highest bid for the Nadidih iron ore block in Sunday’s forward auction in Odisha at a premium of 95.6%, SteelMint learned from sources. The iron ore block had been bagged by Sociedade De Fomento last year offering 141.25% in premium but the Goa-based miner chose not to sign a lease…