Vedanta-Electrosteel Steels Limited (ESL) has released a notification for an auction of 20,000 t of iron ore CLO (5-40 mm, Fe 60-61%) from its Nadidih’s BICO and Feegrade mines in Odisha. The auction will be held on 4 Apr’24. The floor price for the auction which is set at INR 5,050/t is on ex-mines/plot basis and inclusive of royalty, DMF and NMET.
