Tag: Karnataka iron ore auction

India: 8,000 t of iron ore fines booked at VESCO’s auction from Karnataka

Dec 12, 2022

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by

Vaibhav Dubey

in Fines/Lumps

Veerabhadrappa Sangappa and Company (VESCO) scheduled two auctions for the sale of 188,000 t of iron ore (fines and lumps) from its Dharmapuri and Ramanamalai mines, Karnataka on 12 Dec’22. According to sources, only 8,000 t of fines (Fe61.60-63.50%) were booked at a base price of around INR 3,250-3,475/t while rest of the material remained…