India: Around 15,000 t of iron ore booked in NMDC's auction from Chhattisgarh
In NMDC's 22,900-t iron ore auction from Chhattisgarh on 4 Dec'25, 14,900 t were booked. 12,900 t of DRCLO (10-40 mm, Fe 67%, base INR 6,300/t) were sold at an 8.5% premium. Out of the 10,000 t offered, only 2,000-t ROM (10-150 mm, Fe 65.5%) were booked at a base price of INR 5,500/t. Prices were on FOR basis, including royalty, DMF, and NMEDT.