Price Update6 May 2026, 08:44 am
NMDC Fixes Iron Ore Prices Effective May 6, 2026
AI Summary
NMDC Ltd has announced the revised prices for Iron Ore, effective May 6, 2026. The price for Baila Lump (65.5%, 10-40 mm) is fixed at ₹ 5,500 per ton, and Baila Fines (64%, -10 mm) at ₹ 4,700 per ton. These prices are exclusive of Royalty, DMF, NMEDT, Cess, Forest Permit Fee, transit fee, GST, environmental Cess, and other taxes. The information is available on the company's website.
Key Highlights
- NMDC sets Baila Lump price at ₹ 5,500 per ton effective May 6, 2026.
- Baila Fines price fixed at ₹ 4,700 per ton from May 6, 2026.
- Prices exclude taxes and levies like Royalty, GST, and environmental Cess.
- Price information is available on the NMDC website.
Price Impact
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