Vedanta’s-Electrosteel Steels Limited (ESL) conducted an auction for 30,000 t of iron ore calibrated lump ore, CLO (10-40 mm, Fe 61%) from Nadidih’s BICO and Feegrade mines in Odisha on 9 Feb’24. According to sources, 22,000 t of CLO got booked at the base price of INR 5,200/t. The price is on ex-mines/plot basis and inclusive of royalty, DMF and NMET.
