Tag: Vedanta-ESL iron ore auction

Vedanta’s subsidiary, Electrosteel Steels Ltd (ESL), had scheduled an auction for sale of around 60,000 t of iron ore lumps (Fe 61%) on 8 Nov’22 from its Nadidih, BICO and Feegrade mines in Odisha’s Sundargarh district. According to market sources, the auction failed to receive any response. The floor price for the auction was set…