State-owned National Mineral Development Corporation (NMDC) rolled over the December, 2013 prices of iron ore (Lumps - Rs 4,500 Rs/WMT, Fines - Rs 2,810 Rs/WMT) to the month of January, 2013.
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.