Psu
NMDC revises iron ore prices with effective from 15 November
NMDC Ltd. has announced new pricing for its iron ore products, effective from November 15, 2025. The company has majorly revised the rates for its two key products.
Advertisement
New Delhi: State-owned NMDC Ltd. has announced new pricing for its iron ore products, effective from November 15, 2025. The company has majorly revised the rates for its two key products.
Baila Lump (65.5%, 10-40 mm) – Rs 5,600/- Per Ton.
Baila Lump (65.5%, 10-40 mm) – Rs 5,600/- Per Ton.
The above FOR (Free on Rail) price rates are inclusive of royalty, DMF, and NMEDT and exclusive of cess, forest permit fee, transit fee, GST, environmental cess, and other taxes. The revision in iron ore prices will have a significant impact on the steel industry and other related sectors.
In a separate filing, the Board of NMDC, in a meeting held on 14 November, 2025, has decided not to declare any interim dividend on the company’s equity shares.