Tag: unsold iron ore fines

India: DR CLO iron ore fetches around 20% premium at NMDC’s auction from Chhattisgarh

Sep 26, 2025

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by

Adarsh Sahu

in Fines/Lumps

At NMDC’s auction for 61,900 t of iron ore from its Bacheli mines on 25 Sep’25, 12,900 t of DR CLO (Fe 67%) fetched 19% premium (base INR 6,910/t), while out of 6,000 t offered, 4,000 t ROM (Fe 65.5%) was booked at base price of INR 6,050/t. However, 43,000 t of fines (Fe 64%)…