Tag: DR CLO prices India

India: Premiums remain largely stable in NMDC’s DR CLO auction

May 22, 2025

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by

Adarsh Sahu

in Fines/Lumps

NMDC auctioned 163,400 t of iron ore from its Bacheli mines on 22 May. 21,500 t of DR CLO (10-40 mm, Fe 67%) were booked at INR 7,480/t, i.e., 2.9% premium against a base price of INR 7,270/t. Meanwhile, the previous auctions saw an average premium of 3.4%. 141,900 t of fines (-10 mm, Fe…