Tag: Vedanta iron ore auction
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India: Vedanta books 12,000 t of iron ore lumps from Karnataka auction
Vedanta sold around 12,000 t of iron ore lumps (6-20mm, Fe 56.5-58.5%), out of 28,000 t offered in today’s auction from Karnataka. As per market sources, the material was sold at INR 3,804-4,043/t. Prices exclude royalty, DMF and NMET.