NMDC has fixed the prices of iron ore with effect from August 20, 2019. The price of Lump Ore has been fixed at Rs 2,900 per ton, while the price of Fines has been fixed at Rs 2,660 per ton. The above for prices are excluding Royalty, DMF, NMET, Cess, Forest Permit Fee and other taxes.
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.