March 16, 2026

India: Over 35,000 t of iron ore booked at NMDC Chhattisgarh’s auctions

Untitled design - 2026-01-18T114132.269

At NMDC Chhattisgarh’siron ore auctions on 16 Jan’26, 36,100 t were booked.

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  • Bacheli mines: 4,000-tlumps (10-20 mm, Fe 65.5%) booked at 14% premium (base INR 4,740/t); 17,200-t DRCLO (10-40 mm, Fe 67%) booked at 17% premium (base INR 5,190/t); 14,900-t ROM (10-150 mm, Fe 65.5%) sold at INR 4,540/t; and 68,100-t fines (Fe 60%) remained unsold.
  • Kirandul mines: 21,500-t fines (Fe 64%) booked at INR 3,930/t.

Prices exclude royalty, DMF, and NMEDT.