- Vedanta conducted an auction for the sale of 24,000 t of iron ore lumps today. 20,000 t (Fe55-58%) was booked at INR 3,412-3,442/t and other 4,000 t (Fe58-60%) was booked at INR 3,533-3,653/t. Prices were exclusive of royalty, DMF, and NMET charges.
- SKMEPL auction for the sale of around 44,000 t of iron ore (Fe54-64.5%) failed to attract buyers and the entire quantity remained unsold.
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