Vedanta’s subsidiary, Electrosteel Steels Ltd (ESL), has scheduled an iron ore auction for sale of 50,000 t of lumps (10-40mm, Fe 61%) and 50,000 t of fines (Fe61%) on 21 Mar’23. The material is from Nadidih’s BICO and Feegrade mines, Sundargarh district, Odisha. The floor prices which are yet to be declared by the company include royalty, DMF, and NMET charges.
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