NMDC Cuts Iron Ore Prices After May Hike

  Published 1 year ago

NMDC has reduced prices for Lump Ore and Fines, reversing part of May’s hike. Lump Ore now costs Rs 6,300/ton, down from Rs 6,440, while Fines are priced at Rs 5,350/ton, down from Rs 5,500. NMDC also produces diamonds, sponge iron, and wind power.

  • Lump Ore price cut to Rs 6,300 per ton.
  • Fines now Rs 5,350 per ton.
  • The earlier price hike in May was the first since January.
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