Tag: NMDC premium bids

India: Around 13,000 t of DRCLO booked in NMDC’s Chhattisgarh auction

Dec 12, 2025

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by

Adarsh Sahu

in Fines/Lumps

NMDC auctioned 22,900 t of iron ore from its Bacheli mines, Chhattisgarh on 11 Dec’25. The entire 12,900 t of DR lumps (DRCLO, 10-40 mm, Fe 67%) offered was booked at around 8% premium (base price INR 6,800/t). However, 10,000 t ROM (10-150 mm, Fe 65.5%) remained unsold against a base price of INR 5,500/t.…