Tag: NMDC CG iron ore auction result

NMDC Chhattisgarh auctioned 111,500 t of iron ore from its Bacheli mines on 12 Jun’25; over 95% was left unsold. 4,000-t Baila-sized lumps (10-20 mm, Fe 65.5%) sold at base price INR 6,500/t; 21,500-t DRCLO (10-40 mm, Fe 67%) and 86,000-t fines (Fe 64%) received no bids. Prices were on FOR basis, inclusive of royalty,…