NMDC cuts iron ore prices from August 8
New Delhi, Aug. 8 -- The Ministry of Steel-owned NMDC has revised the prices of its iron ore products, according to a regulatory filing by the company.
In the filing made under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company said the revised prices will be effective from August 8, 2026.
According to the disclosure, the price of Lump Ore (65.5%, 10-40 mm) has been fixed at Rs 5,250 per tonne, while Fines (64%, -10 mm) has been priced at Rs 4,500 per tonne.
The revised price of lump ore is down from Rs 5,450 per tonne in July, while the price of fines has been reduced from Rs 4,700 per tonne, according to data released by the Ministry of Steel.
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