Tag: NMDC Bacheli DR CLO auction

NMDC Chhattisgarh conducted an auction for 64,500 t iron ore from its Bacheli mines on 21 Aug’25. Around 12,900 t CLO (10-40 mm, Fe 67%) was sold at 9% premium against a base price of INR 6910/t, while the rest 51,600 t (Fe 64%) fines remained unsold. Prices were on FOR basis, inclusive of royalty,…