Vedanta subsidiary Electrosteel Steels Ltd (ESL) has scheduled an auction for the sale of around 220,000 t of fines and lumps (both Fe 58-60%) on 27 May from its Nadidih BICO and Feegrade mines in Odisha’s Keonjhar district. The floor price for fines and lumps is INR 2,300/t and INR 4,300/t, respectively, including royalty, DMF and NMET charges.
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