India: Over 40,000 t of iron ore booked in NMDC Chhattisgarh’s auction

NMDC Chhattisgarh auctioned 69,900-t iron ore from Bacheli on 13 Nov’25, with around 40,400 t booked. 12,900-t DR CLO (10-40 mm, Fe 67%, base INR 6,250/t) and 6,000-t lumps (10-20 mm, Fe 65.5%, base INR 5,700/t) were sold at 15% and 14.5% premiums, respectively. Of 43,000-t fines (Fe 64%), 21,500 t were sold at base price INR 4,790/t. 8,000-t ROM (10-150 mm, Fe 65.5%) remained unsold. Prices were on FOR basis, including royalty, DMF, & NMEDT.


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