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.