India: Nearly 250,000 t iron ore fines booked at Vedanta’s Karnataka auction

Vedanta had scheduled an auction on 12 Jul’22 for sale of iron ore fines from its A. Narrain mines in Karnataka’s Chitradurga district. According to market sources, the entire quantity of 248,000 t of fines (Fe 57.50%) was booked at the base price of INR 1,105/t (excluding royalty, DMF and NMET)


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