India: Entire DRCLO lot booked in NMDC Chhattisgarh’s iron ore auction

—

NMDC conducted an auction for 193,200 t of iron ore from its Bacheli mines, Chhattisgarh, on 26 Jun’25.
The entire 17,200-t DRCLO (10-40 mm, Fe 67%) lot was booked at a base price of INR 7,110/t.
Meanwhile, around 172,000 t of Baila fines (Fe 64%) and 4,000 t of Baila lumps (10-20 mm, Fe 65.5%) remained unsold.
Prices were on FOR basis, inclusive of royalty, DMF, and NMET.

Comments