NMDC Limited, India’s largest iron ore producer, has announced revised prices for its iron ore products, effective from January 9, 2025. The updated prices are as follows:
New Iron Ore Prices:
- Baila Lump (65.5%, 10-40mm): ₹6,000 per ton
- Baila Fines (64%, -10mm): ₹5,060 per ton
Notes:
- The prices are inclusive of royalty, DMF (District Mineral Foundation), and NMET (National Mineral Exploration Trust).
- The prices are exclusive of cess, forest permit fee, transit fee, GST, environmental cess, and other taxes.
This pricing update aligns with NMDC’s ongoing commitment to transparency and market competitiveness. Investors and stakeholders are advised to factor in these changes when assessing NMDC’s operational performance and market dynamics.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Always conduct your research or consult with financial professionals before making investment decisions.
