Tag: Vedanta-ESL iron ore auction

In Electrosteel’s (ESL) auction for 70,000 t of iron ore fines and lumps (both Fe 58-60%) from its Nadidih BICO and Feegrade mines in Odisha, the entire quantity of 50,000 t of fines and 20,000 t of lumps was booked at the base prices of INR 1,550/t and INR 2,800/t ex-mines, respectively (including royalty, DMF…