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

Vedanta had scheduled an auction on 8 Aug’22 for 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 (Fe57.50%) was booked at the base price of INR 1,220/t (excluding royalty, DMF and NMET).


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