Tag: Vedanta iron ore auction

India: Entire quantity of iron ore fines booked at Vedanta’s Karnataka auction

Jun 28, 2022

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by

Vaibhav Dubey

in Fines/Lumps

Vedanta had scheduled an auction for the sale of iron ore fines today from its A. Narrain mines in Karnataka’s Chitradurga district. According to market sources, the entire quantity of 100,000 t of fines (-10mm, Fe 55-58%) was booked at the base price of INR 1,438/t (excluding royalty, DMF and NMET).