NMDC Cuts Iron Ore Prices After May Hike

  Published 10 months 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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