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NMDC fixes prices of iron ore

24 Nov 2023 Evaluate

NMDC has fixed the prices of iron ore with effect from November 23, 2023. The price of Lump Ore (65.5%, 6-40mm) has been fixed at Rs 5,400 per ton, while the price of Fines (64%, -10mm) has been fixed at Rs 4,660 per ton. The above FOR prices are inclusive of Royalty, DMF, NMET and exclusive of Cess, Forest Permit Fee, Transit Fee, GST, Environmental Cess 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 393.50
NMDC 67.66
Ashapura Minechem 427.65
Sandur Manganese 168.00
GMDC 438.85
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