Tag: NMDC fines auction India

India: Around 120,000 t of iron ore booked at NMDC Chhattisgarh’s auctions

Mar 14, 2026

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by

Adarsh Sahu

in Fines/Lumps

At NMDC Chhattisgarh’s iron ore auctions (12 Mar’26), 118,900-t iron ore fetched bids. Bacheli mines: 37,200-t ROM (10-150 mm, Fe 65.5%) booked at base price INR 4,735/t; 134,000-t fines (-10 mm, Fe 60%) remained unsold. Kirandul mines: 17,200-t lumps (10-40 mm, Fe 65.5%) received 4.5% premium (base price INR 4,840/t); 34,400-t ROM (Fe 65.5%) and…