India: Vedanta-ESL to auction 16,000 t of iron ore lumps
Vedanta-Electrosteel Steels Limited (ESL) has scheduled an auction for 16,000 t of iron ore lumps (5-18 mm, Fe 60.50%) from Nadidih's BICO and Feegrade mines in Odisha on 16 Dec'23. The floor price for the auction, which is set at INR 5,600 - 5,800/t, includes royalty, DMF and NMET.