NMDC fixes prices of Iron Ore

NMDC, the mining company has fixed the prices of iron ore with effect from February 02, 2016. The Lump Ore prices have been fixed at Rs 1,800 WMT (wet metric tonne) and Fines at Rs 1,560 WMT respectively. The above prices are excluding royalty, taxes, duties and levies.

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.