NMDC Chhattisgarh auctioned 130,400-t iron ore from Bacheli on 25 Jul’25. The entire 34,400-t DRCLO (Fe 67%) offered was booked at a 10.5% premium (INR 6,450/t base price), while 10,000-t Baila-sized lumps (10-20 mm, Fe 65.5%) were booked at INR 6,500/t (INR 600/t premium). However, 86,000-t fines (Fe 64%) failed to fetch bids at INR 4,890/t base price. Prices were on FOR basis, inclusive of royalty, DMF, and NMET.
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