India: NMDC Chhattisgarh to auction over 60,000 t of iron ore
NMDC Chhattisgarh will auction 60,200 t of iron ore from its Bacheli mines on 4 Sep'25, comprising 17,200-t DR CLO (10-40 mm, Fe 67%) and 43,000-t fines (Fe 64%). In the 29 Aug auction, 34,400-t DR CLO (Fe 67%) fetched a premium of up to INR 700/t, while 163,400-t fines (Fe 64%) remained unsold, though official confirmation is awaited regarding this. Prices are on FOR basis, inclusive of taxes.