StockWatch
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Industrial Minerals
Price Update3 Jun 2026, 10:37 am

NMDC Sets Iron Ore Prices Effective June 3, 2026

AI Summary

NMDC Ltd has announced new prices for Iron Ore effective June 3, 2026. Baila Lump (65.5%, 10-40 mm) will be priced at ₹5,700 per Ton, and Baila Fines (64%, -10 mm) at ₹4,850 per Ton. These prices are FOR (Freight on Road) and exclude various taxes and fees including Royalty, DMF, NMEDT, Cess, Forest Permit Fee, transit fee, GST, and environmental Cess. The company has also provided a link to these prices on its investor relations website.

Key Highlights

  • Iron Ore prices revised effective June 3, 2026.
  • Baila Lump price set at ₹5,700/Ton, Baila Fines at ₹4,850/Ton.
  • Prices are FOR and exclude multiple taxes and fees.
  • Updated prices available on the company's website.