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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 389.45
NMDC 67.21
Ashapura Minechem 409.00
Sandur Manganese 162.00
GMDC 412.20
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