Chhattisgarh: DRCLO, Baila lumps fetch premium of nearly INR 700/t in NMDC’s iron ore auctions

NMDC auctioned around 68,200 t of iron ore from its Bacheli mines, Chhattisgarh, on 11 Apr’25.

• Entire 25,800-t DRCLO (10-40 mm, Fe 67%) booked at premium of 630/t on base price INR 7,130/t.
• 8,000-t Baila-sized lumps (10-20 mm, Fe 65.5%) booked at premium of INR 660/t on base price INR 6,500/t.
• 34,400-t Baila fines (Fe 64%) remained unsold.

Prices were on FOR, ex-stockpile/mines basis, including royalty, DMF, and NMET.