Intel Details

India: Around 36,000 t of iron ore booked in NMDC's auction from Chhattisgarh

Fines/Lumps
28 Nov 2025, 12:51 IST
Steel Mint Intel

In NMDC's 85,100 t iron ore auction from Chhattisgarh on 27 Nov'25, 35,800 t was booked. 12,900 t DRCLO (10-40 mm, Fe 67%, base INR 6,300/t) and 4,000 t lumps (10-20 mm, Fe 65.5%, base INR 5,750/t) were sold at 16% premiums. Out of 25,200 t, 10,300 t ROM (10-150 mm, Fe 65.5%) was booked at INR 5,500/t and 8,600 t fines (Fe 64%) at INR 4,790/t. Prices were on FOR basis, including royalty, DMF, & NMEDT.

28 Nov 2025, 12:51 IST
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