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NMDC fixes prices of iron ore

21 Mar 2024 Evaluate

NMDC has fixed the prices of iron ore with effect from March 21, 2024. The price of Lump Ore (65.5%, 10-40mm) has been fixed at Rs 5,800 per ton, while the price of Fines (64%, -10mm) has been fixed at Rs 5,060 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 424.75
NMDC 81.80
Ashapura Minechem 533.40
Sandur Manganese 186.90
GMDC 566.25
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