India: NMDC to auction around 60,000 t of iron ore from Chhattisgarh

NMDC has scheduled an auction for 59,900 t of iron ore from its Bacheli mines in Chhattisgarh on 24 Jul’25. The material includes 4,000 t of Baila sized lumps (10-20 mm, Fe 65.5%), 12,900 t DR CLO (10-40 mm, Fe 67%), and 43,000 t fines (Fe 64%). Prices, which would include taxes, are yet to be declared. In the last auction on 17 Jul, DR-CLO and Baila lumps received premiums of 15% and 5% respectively.


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