Author: Vaibhav Dubey

Vedanta subsidiary Electrosteel Steels Ltd (ESL) had scheduled an auction for the sale of fines and lumps (both Fe 58-60%) today from its Nadidih BICO and Feegrade Mines, Odisha. According to market sources, the entire quantity of 50,000 t fines was booked at around INR 1,200-1,250/t (inclusive of royalty) against the base price of INR…