Tag: NMDC AUCTION

At NMDC Chhattisgarh’s iron ore auctions on 16 Jan’26, 36,100 t were booked. Bacheli mines: 4,000-t lumps (10-20 mm, Fe 65.5%) booked at 14% premium (base INR 4,740/t); 17,200-t DRCLO (10-40 mm, Fe 67%) booked at 17% premium (base INR 5,190/t); 14,900-t ROM (10-150 mm, Fe 65.5%) sold at INR 4,540/t; and 68,100-t fines (Fe 60%)…