NMDC Fixes Iron Ore Prices: Lump Ore at ₹5,400/ton, Fines at ₹4,500/ton

NMDC Ltd has announced new prices for Iron Ore effective September 9, 2026. Lump Ore (65.5%, 10-40mm) will be priced at ₹5,400 per ton, and Fines (64%, -10mm) will be priced at ₹4,500 per ton. These prices are on a FOR (Freight on Road) basis and exclude various charges including Royalty, DMF, NMEDT, Cess, Forest Permit Fee, transit fee, GST, environmental Cess, and other applicable taxes. This price adjustment is a significant update for the company's sales and revenue projections.