Tag: iron ore ROM prices

India: NMDC iron ore auction from Chhattisgarh fetches active bids

Dec 24, 2025

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by

Adarsh Sahu

in Fines/Lumps

NMDC conducted an auction for 83,000 t of run of mine (ROM) iron ore from its Bacheli mines in Chhattisgarh on 23 Dec’25. Around 45,000 t of ROM (10-150 mm, Fe 65.5%) was booked against the base price of INR 5,500/t. Prices were FOR/FOT basis, inclusive of royalty, DMF, and NMEDT charges.