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NMDC fixes prices of iron ore

18 Jul 2023 Evaluate

NMDC has fixed the prices of iron ore with effect from July 18, 2023. The price of Lump Ore (65.5%, 6-40mm) has been fixed at Rs 4,950 per ton, while the price of Fines (64%, -10mm) has been fixed at Rs 4,210 per ton. The above FOR prices are inclusive of Royalty, DMF, NMET and exclusive of 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.

Peers
Company Name CMP
Coal India 407.40
NMDC 68.32
Ashapura Minechem 422.95
Sandur Manganese 168.95
GMDC 424.70
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