NMDC has fixed the prices of iron ore with effect from July 12, 2022. The price of Lump Ore (65.5%, 6-40mm) has been fixed at Rs 3,900 per ton, while the price of Fines (64%, -10mm) has been fixed at Rs 2,810 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.