Tag: iron ore base prices India

Karnataka: Vedanta’s iron ore lumps auction fetches weak response

Jul 25, 2025

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by

Adarsh Sahu

in Fines/Lumps

Vedanta Ltd auctioned 12,000 t of iron ore lumps from its mines in Karnataka on 23 Jul’25. Only 4,000 t (10-40 mm, Fe 53.25%) were booked at INR 2,500/t (base price) ex-mines. Prices are exclusive of taxes. Additionally, another auction is scheduled for 28 Jul, featuring 8,000 t of lumps (6-20 mm, Fe 52.75%).