NMDC has fixed the prices of iron ore with effect from March 21, 2023. The price of Lump Ore (65.53, 6-40mm) has been fixed at Rs 4,500 per ton, while the price of Fines (64% -10mm) has been fixed at Rs 4,110 per ton. The 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.