India: NMDC to auction over 80,000 t of iron ore from Chhattisgarh

NMDC Chhattisgarh will auction 85,100 t of iron ore from its Bacheli mines on 20 Nov'25: 4,000-t Baila-sized lumps (10-20 mm, Fe 65.5%), 25,200-t ROM (10-150 mm, Fe 65.5%), 43,000-t fines (Fe 64%), and 12,900-t DRCLO (10-40 mm, Fe 67%). On 13 Nov, 12,900-t DRCLO and 6,000-t lumps were sold at 15% and 14.5% premiums, respectively, while 21,500-t fines were sold at base price INR 4,790/t. Prices are on a FOR basis, including royalty.