Tag: Vedanta pellet auction

India: Vedanta’s pellet auction from Karnataka fails to attract buyers

Nov 4, 2022

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by

Ratiram Gurjar

in Pellets

Vedanta conducted an auction on 3 Nov’22 for 1,000 t of iron ore pellets (Fe61.5%, 6-16mm) from Koppal, Karnataka. According to market sources, the auction failed to generate response from buyers. The floor price for the auction was INR 7,250/t (basic).