NMDC has fixed the prices of iron ore with effect from February 25, 2022. The price of Lump Ore (65.5%, 6-40mm) has been fixed at Rs 5,600 per ton, while the price of Fines (64%, -10mm) has been fixed at Rs 4,560 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.