India: VESCO to auction over 105,000 t of iron ore from Karnataka

Veerabhadrappa Sangappa and Company (VESCO) has scheduled an auction for 108,000 t of iron ore lumps (10-40mm, Fe 61.10- 64%) from its Ramanamalai mines, Karnataka. The auction will be held on 11 Mar’24. The base price is set at INR 5,800-6,750/t which includes royalty, DMF and NMET.