Tag: iron ore auction floor price India

India: Vedanta-ESL to auction 8,000 t of iron ore from Odisha

May 1, 2025

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by

Adarsh Sahu

in Fines/Lumps

Vedanta-Electrosteel Steels Limited (ESL) has scheduled an auction for 8,000 t of iron ore fines (Fe 63.5%) from Nadidih’s BICO and Feegrade mines in Odisha on 3 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.