NMDC increases prices of its Iron Ore

National Mineral Development Corporation (NMDC) has increased the prices of its Iron Ore with effect from April 04, 2016. The Lump ore price has been fixed at Rs 2,100 WMT while price of Fines has been fixed at Rs 1,860 WMT. The above prices are excluding royalty, taxes, DMF, NMET, Cess, Forest Permit Fee etc.

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.