NMDC fixes prices of Iron Ore

NMDC, the mining company has fixed the prices of iron ore with effect from August 04, 2016. The Lump Ore prices have been fixed at Rs 1,700 WMT (wet metric tonne) and Fines at Rs 1,460 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.