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NMDC slashes lump ore prices by Rs 750 per tonne

01 Dec 2021 Evaluate

NMDC has slashed prices of lump ore by Rs 750 a tonne and fines by Rs 200 per tonne, with effective November 30, 2021. The company has revised the rates of lump ore or higher grade ore to Rs 5,200 a tonne. The price of lump ore or low-grade ore has been fixed at Rs 4,560 per tonne.

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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