{"id":56770,"date":"2026-02-10T13:22:40","date_gmt":"2026-02-10T07:22:40","guid":{"rendered":"https:\/\/biztrend24.com\/?p=56770"},"modified":"2026-02-10T13:22:40","modified_gmt":"2026-02-10T07:22:40","slug":"india-nmdc-lifts-iron-ore-prices-from-chhattisgarh-mines-by-inr-100-t-1-t","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=56770&lang=en","title":{"rendered":"India: NMDC lifts iron ore prices from Chhattisgarh mines by INR 100\/t ($1\/t)"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Odisha iron ore prices rise m-o-m<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>India steel mills lift offers for early Feb&#8217;26<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>India&#8217;s largest merchant iron ore mining company, NMDC, announced its list prices of iron ore CLO (calibrated lump ore) and fines on 10 February 2026, BigMint learnt from sources. The miner has fixed prices of DR CLO (10-40 mm, Fe 67%) at INR 5,250\/tonne (t) ($58\/t) and of iron ore fines (-10 mm, Fe 64%) at INR 4,000\/t ($44\/t). Prices are on FOR basis from the miner&#8217;s Bacheli complex and exclude royalty, DMF, and NMEDT. Prices of all grades were raised by INR 100\/t.<\/p>\n<p>Notably, in January 2026, NMDC has shifted its pricing structure from a tax-inclusive model to one that excludes royalty, DMF, and NMEDT charges.<\/p>\n<p>Market overview<\/p>\n<p>Odisha iron ore prices rise m-o-m: BigMint&#8217;s Odisha iron ore fines index (Fe 62%) rose by INR 200\/t m-o-m to INR 5,900\/t in January 2026. Prices increased due to active trading by steelmakers, backed by strong offers from miners and higher auction bids. In January, OMC sold 2.04 mnt (91%) of fines, with the weighted average bids increasing INR 425\/t m-o-m.<\/p>\n<p>PELLEX rises on higher offers:\u00a0The domestic pellet index, PELLEX, increased INR 275\/t m-o-m in January to a monthly average of INR 9,775\/t DAP Raipur. Pellet prices increased due to higher offers from local pellet producers, driven by rising iron ore fines costs and escalating downstream steel prices.<\/p>\n<p>Chinese iron ore prices remain largely stable:\u00a0Chinese imported iron ore prices (Fe 61%) remained largely stable m-o-m in January at $106\/t CFR, supported by restocking activity ahead of the Lunar New Year in February and a rebound in crude steel production from Decembers lows. Trading activity was mainly concentrated in medium-grade fines due to mills&#8217; cost pressures. Elevated port stocks weighed on buying appetite, while positive expectations regarding macroeconomic policies intermittently offered support.<\/p>\n<p>India steel mills lift offers for early Feb&#8217;26: Indian primary steelmakers increased rebar prices by up to INR 3,000\/t ($33\/t) for early-February 2026 dispatches over end-January levels, sources informed BigMint. Post-revision, list prices stood at INR 57,000-58,000\/t ($630-641\/t) on landed basis. Trade-level BF-rebar prices (distributor to dealer) rose by INR 600\/t ($7\/t) to INR 58,000\/t ($641\/t) exy-Mumbai as per BigMint&#8217;s assessment on 3 February 2026. Leading Indian steelmakers have also increased list prices of hot-rolled coils (HRCs) and cold-rolled coils (CRCs) by INR 1,750-2,500\/t ($19-28\/t) for early February 2026 sales. List prices of HRCs (2.5-8 mm, IS2062, Gr E250 Br) ranged within INR 53,450-54,250\/t ($593-601\/t) ex-Mumbai. Moreover, CRCs (0.9 mm, IS513 CR1) were listed at INR 60,200-61,500\/t ($667-682\/t).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Odisha iron ore prices rise m-o-m India steel mills lift offers for early Feb&#8217;26 India&#8217;s&#8230;<\/p>\n","protected":false},"author":1,"featured_media":56771,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[313],"tags":[],"class_list":["post-56770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-10T132153.136.jpg?fit=1280%2C720&ssl=1?v=1770708146",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-10T132153.136.jpg?resize=150%2C150&ssl=1?v=1770708146",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-10T132153.136.jpg?fit=300%2C169&ssl=1?v=1770708146",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-10T132153.136.jpg?fit=640%2C360&ssl=1?v=1770708146",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-10T132153.136.jpg?fit=640%2C360&ssl=1?v=1770708146",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-10T132153.136.jpg?fit=1280%2C720&ssl=1?v=1770708146",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-10T132153.136.jpg?fit=1280%2C720&ssl=1?v=1770708146",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-10T132153.136.jpg?resize=1115%2C715&ssl=1?v=1770708146",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-10T132153.136.jpg?resize=800%2C500&ssl=1?v=1770708146",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-10T132153.136.jpg?fit=1024%2C576&ssl=1?v=1770708146",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-10T132153.136.jpg?resize=540%2C340&ssl=1?v=1770708146",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-10T132153.136.jpg?resize=400%2C250&ssl=1?v=1770708146",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-10T132153.136.jpg?fit=1280%2C720&ssl=1?v=1770708146","jetpack-related-posts":[{"id":62501,"url":"https:\/\/biztrend24.com\/?p=62501&lang=en","url_meta":{"origin":56770,"position":0},"title":"India: NMDC raises iron ore prices from Chhattisgarh mines by INR 450-550\/t ($5-6\/t) for April","author":"Biz Trend 24","date":"April 5, 2026","format":false,"excerpt":"Prices of all grades rise for Apr'26 delivery Higher steel prices in FY26 end supports iron ore prices India's largest merchant iron ore mining company, NMDC, announced its list prices of iron ore CLO (calibrated lump ore) and fines on 5 April 2026, BigMint learnt from sources. The miner has\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-82.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-82.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-82.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-82.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-82.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":55146,"url":"https:\/\/biztrend24.com\/?p=55146&lang=en","url_meta":{"origin":56770,"position":1},"title":"India: Around 70,000 t of iron ore booked at NMDC Chhattisgarh&#8217;s auctions","author":"Biz Trend 24","date":"January 24, 2026","format":false,"excerpt":"At NMDC Chhattisgarh auctions on 22 Jan'26, 67,000-t iron ore fetched bids. Bacheli mines:\u00a021,500-t DR CLO (10-40 mm, Fe 67%) were booked at 13.5% premium (base INR 5,190\/t), 45,500-t ROM (10-150 mm, Fe 65.5%) were sold at INR 4,540\/t, while 68,100-t fines (Fe 60%) remained unsold at INR 3,150\/t base\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113422.763.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113422.763.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113422.763.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113422.763.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113422.763.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":51253,"url":"https:\/\/biztrend24.com\/?p=51253&lang=en","url_meta":{"origin":56770,"position":2},"title":"India: NMDC Chhattisgarh iron ore DR CLO auctions fetch 10% premium","author":"Biz Trend 24","date":"December 21, 2025","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-21T132648.542_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766302059&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-21T132648.542_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766302059&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-21T132648.542_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766302059&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-21T132648.542_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766302059&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-21T132648.542_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766302059&resize=1050%2C600 3x"},"classes":[]},{"id":52015,"url":"https:\/\/biztrend24.com\/?p=52015&lang=en","url_meta":{"origin":56770,"position":3},"title":"India: DR CLO fetches premium at NMDC&#8217;s iron ore auction from Chhattisgarh","author":"Biz Trend 24","date":"December 28, 2025","format":false,"excerpt":"NMDC conducted an auction for 227,000 t of iron ore from its Bacheli and Kirandul mines in Chhattisgarh on 26 Dec'25. Around 25,800-t DR CLO (10-40 mm, Fe 67%) were booked at an 11.5% premium (base price INR 6,300\/t), 6,000-t ROM (10-150 mm, Fe 65.5%) were booked at base price\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-28T133151.701.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-28T133151.701.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-28T133151.701.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-28T133151.701.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-28T133151.701.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":51490,"url":"https:\/\/biztrend24.com\/?p=51490&lang=en","url_meta":{"origin":56770,"position":4},"title":"India: NMDC Chhattisgarh to auction over 80,000 t iron ore","author":"Biz Trend 24","date":"December 22, 2025","format":false,"excerpt":"NMDC Bacheli has scheduled an auction for 83,000-t iron ore ROM (Fe 65.5%, 10-150mm) from its Bacheli mines on 23 Dec'25. In it's last auction on 19 Dec 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%)\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-22T165314.256_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766400860&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-22T165314.256_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766400860&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-22T165314.256_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766400860&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-22T165314.256_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766400860&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-22T165314.256_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766400860&resize=1050%2C600 3x"},"classes":[]},{"id":53232,"url":"https:\/\/biztrend24.com\/?p=53232&lang=en","url_meta":{"origin":56770,"position":5},"title":"India: Over 500,000 t of iron ore to be auctioned from Karnataka","author":"Biz Trend 24","date":"January 7, 2026","format":false,"excerpt":"Around 540,000 t of iron ore will be auctioned from Karnataka from 8-12 Jan'25. NMDC Kumaraswamy (8 Jan):\u00a0224,000 t (10-40 mm, Fe 60.41-62.99%) CLO and 152,000 t fines (-10mm, Fe 59.11-61.77%). SKMEPL (12 Jan):\u00a0112,000 t (Fe 49-54%) fines at INR 1,800-2,500\/t and 52,000 t lumps (5-40 mm, Fe 54-59.3%) at\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T125625.381.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T125625.381.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T125625.381.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T125625.381.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T125625.381.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/56770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56770"}],"version-history":[{"count":2,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/56770\/revisions"}],"predecessor-version":[{"id":56773,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/56770\/revisions\/56773"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/56771"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}