Veerabhadrappa Sangappa and Company (VESCO) has scheduled an auction for sale of 92,000 t of iron ore fines (Fe63.40-64.05%) and 20,000 t of lumps (Fe64.15%) on 3 Oct’22 from its Ramanamalai mines in Karnataka. The floor price of fines is set at INR 3200-3,350/t, and that for lumps is at INR 4,250/t (including royalty, DMF and NMET charges).
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