In Vedanta’s auction for 140,000 t of iron ore on 16 Jun’22 from its A. Narrain mines in Karnataka’s Chitradurga district, the entire quantity of 40,000 t of lump (6-40mm, Fe 60-62%) was booked at around INR 3,364-3,514/t (excluding royalty, DMF and NMET) as against the base price of INR 3,314-3,364/t. However, 100,000 t of fines failed to receive bids.
Leave a Reply