India: 100,000 t iron ore fines booked at Vedanta’s Karnataka auction

Vedanta scheduled an auction today for the sale of iron ore fines from its A. Narrain mines in Karnataka’s Chitradurga district. According to market sources, the entire quantity of 100,000 t of fines (-10mm, Fe 55-58%) was booked at the base price of INR 1,438/t (excluding royalty, DMF and NMET).


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