India: Around 260,000 t of iron ore fetch bids in AM/NS’s Odisha auction

AM/NS sold 260,000-t iron ore from Odisha on 10 Oct’25.

• Thakurani: 68,000-t fines (Fe 57-59%) booked at INR 3,825-4,600/t; 48,000-t CLO (5-18 mm, Fe 56.5-59%) remained unsold (base prices INR 5,100-5,700/t).
• Sagasahi: 48,000-t lumps (5-18mm, Fe 58.5-60.5%) booked at INR 6,425-7,125/t and 96,000-t fines (Fe 53.5-56.5%) at INR 2,925-3,750/t against base prices INR 5,925-7,125/t and INR 2,775-3,600/t, respectively.
• Dubuna: 48,000-t residual fines (Fe 54%) booked at INR 2,000/t (including royalty).