NMDC has reported the details of Production / Despatches achieved from April 2014 to February 2015 and Prices of Iron Ore fixed for the month of March, 2015. The company has achieved production and despatches of iron ore of 27.82 lakh tonnes and 27.25 lakh tonnes respectively (Provisional) up to February 2014. The company has cut prices of lump ore to Rs 3,250 per wet metric tonne (wmt) from Rs 3,750 /wmt and of iron ore fines to Rs 2,460/wmt from Rs 2,760/wmt for the month of March, 2015.
NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.