Tag: ESL iron ore auction result

India: Vedanta’s ESL auction witnesses booking of 12,000 t of iron ore CLO

Jan 30, 2024

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by

Nidhi Awasthi

in Fines/Lumps

Vedanta’s-Electrosteel Steels Limited (ESL) had an auction for 50,000 t of iron ore CLO (10-40 mm, Fe 61%) from Nadidih’s BICO and Feegrade mines in Odisha on 29 Jan’24. According to sources, only 12,000 t CLO got booked at base price of INR 5,350/t. In its previous auction on 25 Jan’24, 2,000 t of CLO…