NMDC Sets Prices for Iron Ore Effective August 8, Listing Lump and Fines at Specific Rates

NMDC Sets Prices for Iron Ore Effective August 8, Listing Lump and Fines at Specific Rates
<h1>NMDC Sets Prices for Iron Ore Effective August 8, Listing Lump and Fines at Specific Rates</h1>

NMDC Limited has announced the determined prices for its iron ore products, effective from August 8, 2026. The company finalized rates for two grades of iron ore: Lump Ore and Fines.

The established prices provide detailed specifications and corresponding per ton costs for each product grade.

According to NMDC Limited, the pricing structure is as follows:

Product GradeSpecificationPrice Per Ton
Lump Ore65.5%, 10-40mm₹ 5,250/-
Fines64%, -10mm₹ 4,500/-

The prices set for the iron ore are exclusive of several charges and levies. This includes Royalty, DMF (District Mineral Foundation), NMEDT, Cess, Forest Permit Fee, transit fee, GST, environmental Cess, and other related taxes.

NMDC Stock Price Movement​

Shares of NMDC Limited on Friday slipped by 1.48% to settle at ₹84.92, marking a decline of ₹1.28 from the previous close. The equity traded a total volume of 9.35 million shares during the session.
 

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