Price Update8 Aug 2026, 09:30 am
NMDC Ltd Fixes Iron Ore Prices Effective Aug 8, 2026
AI Summary
NMDC Ltd has announced new prices for Iron Ore, effective August 8, 2026. Lump Ore (65.5%, 10-40mm) will be priced at ₹5,250 per ton, and Fines (64%, -10mm) at ₹4,500 per ton. These prices are FOR (Freight on Road) and exclude various charges including Royalty, DMF, NMEDT, Cess, Forest Permit Fee, transit fee, GST, environmental Cess, and other taxes. This price adjustment is a significant update for the company's iron ore sales.
Key Highlights
- Iron Ore prices revised effective August 8, 2026.
- Lump Ore set at ₹5,250/ton, Fines at ₹4,500/ton.
- Prices are FOR and exclude taxes and other charges.
- Update impacts future revenue and profitability calculations.
Price Impact
More from NMDC