Vedanta had scheduled an auction on 5 Aug’22 for sale of iron ore lumps from its A. Narrain mines in Karnataka’s Chitradurga district. According to market sources, the entire quantity of 24,000 t of lumps (Fe59.75%) was booked at around INR 4,359/t as against the base price of INR 3,249/t (excluding royalty, DMF and NMET).
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