India: Vedanta-ESL schedules auction for 240,000 t iron ore

Vedanta subsidiary Electrosteel Steels Ltd. (ESL) has scheduled an auction for sale of around 240,000 t of iron ore fines and lump (both Fe 58-60%) on 3 Jun’22 from its Nadidih BICO and Feegrade mines in Odisha’s Keonjhar district. The floor prices for fines and lump are yet to be declared by the company. Prices will include royalty, DMF and NMET charges.


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