Tag: Vedanta-ESL iron ore auction
-

India: Vedanta-ESL’s iron ore auction receives subdued response
Vedanta subsidiary Electrosteel Steels Ltd. (ESL) had scheduled an auction for 49,000 t of iron ore fines and lumps (both Fe 58-60%) on 17 May’22 from its BICO and Feegrade mines in Odisha out of which only 1,000 t was booked from four lots each at a base price of INR 3,500/t (for fines) and…