Veerabhadrappa Sangappa and Company (VESCO) has scheduled an auction for sale of around 16,000 t of iron ore fines (Fe63.25%) and 4,000 t of lumps (Fe64.50%) on 30 Sept’22 from its Dharmapuri mines in Karnataka. The floor prices of fines and lumps have been set at INR 2,725/t and INR 3,850/t, respectively (excluding royalty, DMF and NMET charges).
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