NMDC’s next auction from Bacheli mines, for 120,100 t of iron ore is on 15 May’25, with total quantity comprising 21,500 t of DR CLO (10-40mm, Fe 67%) , 94,600 t Baila fines (Fe 64%) and 4,000 t Baila lumps (10-20mm, Fe 65.5%). The previous auction saw 21,500 t DRCLO (10-40 mm, Fe 67%) sold at 3.4% premium while 4,000-t Baila lumps (10-20 mm, Fe 65.5%) got sold at 7% premium. Prices were on FOR, ex-stockpile/mines basis, including royalty, DMF, NMET.
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