Tag: ROM iron ore rates

India: Around 60,000 t of iron ore booked at NMDC Chhattisgarh’s auctions

Jan 31, 2026

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by

Adarsh Sahu

in Fines/Lumps

At NMDC Chhattisgarh’s iron ore auctions on 30 Jan’26, 59,900-t iron ore were sold. Bacheli mines: 21,500-t DRCLO (10-40 mm, Fe 67%) booked at 20% premium (base price INR 5,190/t), 25,500-t ROM (10-150 mm, Fe 65.5%) at INR 4,540/t, 12,900-t fines (-10 mm, Fe 60%) at INR 3,150/t. Kirandul mines: 62,000-t (Fe 64%) fines remained…