{"id":72553,"date":"2026-07-19T15:46:19","date_gmt":"2026-07-19T09:46:19","guid":{"rendered":"https:\/\/biztrend24.com\/?p=72553"},"modified":"2026-07-19T15:46:19","modified_gmt":"2026-07-19T09:46:19","slug":"india-nmdc-sells-over-70000-t-iron-ore-at-chhattisgarh-auctions","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=72553&lang=en","title":{"rendered":"India: NMDC sells over 70,000 t iron ore at Chhattisgarh auctions"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Premium bids emerge for DRCLO by 10-11%<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Raipur pellet prices rise for the third time in July<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>NMDC sold 73,100 t of iron ore at its Chhattisgarh auctions held on 16 July.<\/p>\n<p>At Bacheli, 21,500 t of DR CLO (10-40 mm, Fe 67%) was booked at INR 6,510\/t (FOR) against a base price of INR 5,900\/t, reflecting a premium of INR 610\/t. However, the entire 76,200 t of iron ore fines offered at INR 3,790\/t remained unsold.<\/p>\n<p>At Kirandul, 51,600 t of Fe 64% fines (FOR) was sold at the base price of INR 4,740\/t, while 20,000 t of FOT fines remained unsold. Prices exclude royalty, DMF and NMET.<\/p>\n<p>The auction comes after NMDC reduced its list prices on 10 July, cutting prices by INR 150-500\/t across grades. The revised prices appear to have supported demand for lump ore, while iron ore fines also see some buying interest by the Odisha-based plants<\/p>\n<p>Meanwhile, pellet manufacturers in Raipur increased offers for Fe 62.5\/63% pellets by INR 300\/t to INR 9,600-9,700\/t ex-works, marking the third price increase in July and taking cumulative hikes to INR 600-700\/t. The increase was driven by improved demand from sponge iron producers and temporary supply tightness following production disruptions at multiple pellet plants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Premium bids emerge for DRCLO by 10-11% Raipur pellet prices rise for the third time&#8230;<\/p>\n","protected":false},"author":1,"featured_media":72554,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[313],"tags":[],"class_list":["post-72553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"featured_image_urls":{"full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154553.662.jpg?v=1784454368",1280,720,false],"thumbnail":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154553.662-150x150.jpg?v=1784454368",150,150,true],"medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154553.662-300x169.jpg?v=1784454368",300,169,true],"medium_large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154553.662-768x432.jpg?v=1784454368",640,360,true],"large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154553.662-1024x576.jpg?v=1784454368",640,360,true],"1536x1536":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154553.662.jpg?v=1784454368",1280,720,false],"2048x2048":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154553.662.jpg?v=1784454368",1280,720,false],"covernews-slider-full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154553.662-1115x715.jpg?v=1784454368",1115,715,true],"covernews-slider-center":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154553.662-800x500.jpg?v=1784454368",800,500,true],"covernews-featured":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154553.662-1024x576.jpg?v=1784454368",1024,576,true],"covernews-medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154553.662-540x340.jpg?v=1784454368",540,340,true],"covernews-medium-square":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154553.662-400x250.jpg?v=1784454368",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:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154553.662.jpg?v=1784454368","_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/72553","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=72553"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/72553\/revisions"}],"predecessor-version":[{"id":72555,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/72553\/revisions\/72555"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/72554"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}