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NMDC increases prices of its Iron Ore

14 Mar 2016 Evaluate

National Mineral Development Corporation (NMDC) has increased the prices of its Iron Ore with effect from March 11, 2016. The Lump ore price has been fixed at Rs 1,950 WMT while price of Fines has been fixed at Rs 1,710 WMT. The above prices are excluding royalty, taxes, DMF, NMET, Cess, Forest Permit Fee etc.

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.


Peers
Company Name CMP
Coal India 425.00
NMDC 73.80
Ashapura Minechem 491.45
Sandur Manganese 177.05
GMDC 487.05
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