NMDC scheduled an iron ore auction from its Bacheli mines, Chhattisgarh, on 9 Oct’25. Of the 43,000 t of fines offered, 21,500 t (Fe 64%) were sold at INR 5,290/t, and 2,000 t of ROM (Fe 65.5%, 10-150 mm, 6,000 t offered) were sold at INR 6,050/t. All 4,000 t of lumps (Fe 65.5%, 10-20 mm) received a 9.5% premium over the base price of INR 6,300/t. Prices are on a FOR basis, including royalty.
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