India: Around 25,000 t of iron ore booked at AM/NS auctions

AM/NS auctioned 112,000-t iron ore from its Sagasahi mines on 29 Apr’26, of which around 24,000 t were booked.

• 4,000-t CLO (Fe 62.5%, 5-18 mm, 16,000 t offered) were booked at base price INR 7,225/t.
• 20,000-t low-TI CLO (Fe 58.58%, 10-40mm) were booked at INR 4,675/t against base price INR 4,125/t.
• 44,000-t CLO (Fe 58.5-60.5%, 5-18 mm) and 32,000-t fines (Fe 53.5-58.5%) remained unsold.

Prices are on WMT basis, inclusive of royalty.