India: ESL to auction 40,000 t of iron ore pellets from Odisha

Vedanta-Electrosteel Steels Ltd (ESL) has scheduled an auction to sell 40,000 WMT of iron ore pellets (8-18 mm, Fe 64%) produced on the company’s behalf under sub-contract at Orissa Metaliks Pvt Ltd on 27 Mar’24. The floor price which is set at INR 7,800/t, will be on ex-Orissa Metalliks Pvt Ltd basis.