NMDC Announces New Iron Ore Prices Effective March 6, 2026
New Delhi: State-owned mining major NMDC Limited has announced revised prices for its iron ore products, effective March 6, 2026, according to an official filing made to stock exchanges.
The company informed both BSE Limited and National Stock Exchange of India Limited about the updated pricing structure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.
New Iron Ore Prices
NMDC has set the following ex-mine prices for its iron ore products:
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Baila Lump (65.5% Fe, 10–40 mm): ₹4,800 per tonne
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Baila Fines (64% Fe, below 10 mm): ₹4,050 per tonne
These prices are FOR (Free on Rail) basis and do not include statutory charges such as royalty, District Mineral Foundation (DMF) contribution, National Mineral Exploration Trust (NMET) charges, cess, forest permit fee, transit fee, GST, environmental cess, and other applicable taxes.
Impact on the Iron Ore Market
NMDC is India’s largest iron ore producer, and any change in its pricing often influences the broader domestic steel and mining ecosystem. The revised rates may affect procurement costs for steel manufacturers and downstream industries that depend heavily on iron ore supply.
The updated pricing details have also been published on the company’s investor relations portal for public access.
Industry observers will closely watch how the new pricing aligns with domestic demand and global iron ore trends in the coming months.
Disclaimer: This report is based on official exchange filings by NMDC Limited and publicly available information for informational purposes only.