March 15, 2026

India: NMDC Chhattisgarh iron ore DR CLO auctions fetch 10% premium

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NMDC Chhattisgarh conducted an auction for 197,600 t of iron ore from its Bacheli and Kirandul mines on 19 Dec’25. Around 68,800 t of fines (Fe 64%) sold against base INR 4,790/t and entire 51,600 t DR CLO (10-40 mm, Fe 67%) booked at 10% premium over a base price of INR 6,300/t. Prices were FOR/ FOT basis, inclusive of royalty, DMF, and NMEDT.

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