India: Over 65,000 t of iron ore lumps to be auctioned from Karnataka

  • Vedanta will auction 16,000 t of iron ore lumps (10-40mm, Fe61%) on 10’Mar’23 at base price of INR 4,442/t.
  • VESCO will auction 52,000 t of lumps (Fe62.20-64.70%) on 13 Mar, at base price of INR 4,450-5,850/t.
  • VESCO’s prices include royalty, unlike Vedanta’s auction.

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