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

Vedanta scheduled an auction for sale of iron ore fines from its A. Narrain mines in Karnataka’s Chitradurga district on 22 Sep. According to market sources, the entire quantity of 100,000 t of fines (-10mm, Fe57%) was booked at the base price of INR 1,277/t. Prices are exclusive of royalty, DMF, and NMET.


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