India: Vedanta-ESL to auction 10,000 t of iron ore from Odisha

Vedanta-Electrosteel Steels Limited (ESL) has announced an auction of 5,000 t of iron ore CLO (10-40 mm, Fe 60%) and 5,000 t of CLO (5-18 mm, Fe 61%) from its Nadidih BICO and Feegrade mines in Odisha on 11 Sep’24. The floor prices for the auction, which are yet to be declared by the company, will be on ex-mines/plot basis and inclusive of royalty, DMF and NMET.


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