NMDC has revised the prices of iron ore with effect from November 30, 2017. The prices of Lump Ore have been increased to Rs 2,600 per ton from 2,300 per ton earlier, while the prices of Fines have been raised to Rs 2,260 per ton from Rs 2,060 per ton earlier. The above FOR prices are excluding Royalty, 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.