Intel Details

India: Over 110,000 t of iron ore booked at NMDC Chhattisgarh's auctions

Fines/Lumps
13 Feb 2026, 17:18 IST
Steel Mint Intel

At NMDC Chhattisgarh's iron ore auctions on 12 Feb'26, 118,300-t iron ore were sold.

  • Bacheli mines: 43,000-t DRCLO (10-40 mm, Fe 67%) booked at a 17% premium (base price INR 5,290/t), 35,200-t ROM (10-150 mm, Fe 65.5%) at INR 4,640/t, while 78,100-t fines (-10 mm, Fe 60%) remained unsold.
  • Kirandul mines: 40,100-t (Fe 64%) fines booked at 0.5% premium (base price INR 4,030/t).
Prices are on FOR/FOT basis, excluding royalty, DMF, and NMEDT.

13 Feb 2026, 17:18 IST
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