NMDC Hikes Iron Ore Prices Effective June 3, 2026
NMDC Limited has fixed new prices for Iron Ore effective June 3, 2026. Baila Lump (65.5%) will be priced at ₹5,700 per Ton, and Baila Fines (64%) at ₹4,850 per Ton. These are FOR prices excluding taxes and other charges.
Changes in iron ore prices can directly impact the company's revenue and profitability, as well as the cost structure for steel manufacturers who are major consumers.
The announcement is a routine update on iron ore prices and does not contain any positive or negative financial performance indicators or future outlook.
NMDC Limited has announced revised prices for its Iron Ore, effective from June 3rd, 2026. The price for Baila Lump (65.5%, 10-40 mm) has been set at ₹5,700 per Ton.
Additionally, the price for Baila Fines (64%, -10 mm) will be ₹4,850 per Ton.
It is important to note that these prices are FOR (Freight on Road) prices and are exclusive of various charges including Royalty, DMF, NMEDT, Cess, Forest Permit Fee, transit fee, GST, environmental Cess, and other applicable taxes. The company has also made this information available on its official website.
What to do with a filing like this
NMDC Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by NMDC Limited. Read the original for the full detail.