Vedanta-Electrosteel Steels Limited (ESL) has scheduled an auction for 5,000 t of iron ore CLO (5-18mm, Fe 58.5%) from Nadidih’s Feegrade mines in Odisha on 7 May’25. The floor price for the auction is yet to be declared by the company, which will be inclusive of royalty, DMF, and NMET. The miner’s last auction of 8,000 t fines (Fe 63.5%) at INR 5,500/t on 3 May went unsold.
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