Tag: high-grade iron ore demand

In NMDC’s 85,100 t iron ore auction from Chhattisgarh on 27 Nov’25, 35,800 t was booked. 12,900 t DRCLO (10-40 mm, Fe 67%, base INR 6,300/t) and 4,000 t lumps (10-20 mm, Fe 65.5%, base INR 5,750/t) were sold at 16% premiums. Out of 25,200 t, 10,300 t ROM (10-150 mm, Fe 65.5%) was booked…