India: NMDC to auction over 190,000 t of iron ore from Chhattisgarh

NMDC Chhattisgarh will auction 193,700 t of iron ore on 16 Jan’26. The auctions will be from:

• Bacheli mines : 4,000 t (10-20 mm, Fe 65.5%) lumps and 17,200 t (10-40 mm, Fe 67%) DR CLO. Also, 44,900 t (10-150 mm, Fe 65.5%) and 68,100 t (Fe 60%) fines.
• Kirandul mines : 59,500 t (-10 mm, Fe 64%) fines.

Prices will be on FOR/ FOT basis, exclusive of royalty, DMF, and NMEDT.