Chhattisgarh: NMDC to auction over 60,000 t of iron ore from Bacheli

NMDC Chhattisgarh has scheduled an auction for 64,500-t iron ore from Bacheli on 21 Aug’25. The offered material includes 12,900-t DR CLO (10-40 mm, Fe 67%) and 51,600-t fines (Fe 64%). Prices are yet to be declared, which include taxes. In its last auction on 14 Aug, 8,000-t Baila-sized lumps (10-20 mm, Fe 65.5%) were booked at INR 6,899/t (9.5% premium) and 17,200-t DR CLO (10-40 mm, Fe 67%) at INR 7,428/t (7.5% premium).