India: Over 45,000 t of iron ore booked in NMDC Chhattisgarh's auction

NMDC Chhattisgarh auctioned 85,100-t iron ore from Bacheli on 20 Nov'25, with 46,700 t 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 15% and 17.5% premiums, respectively. Of 43,000-t fines (Fe 64%), 8,600 t were sold at base price INR 4,790/t. 21,200-t ROM (10-150 mm, Fe 65.5%) booked at INR 5,500/t. Prices were on FOR basis, including royalty, DMF, & NMEDT.