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NMDC Limited ( (IN:NMDC) ) has provided an announcement.
NMDC Limited has revised its iron ore prices effective 5 April 2026, setting Baila Lump (65.5%, 10–40 mm) at ₹5,300 per ton and Baila Fines (64%, -10 mm) at ₹4,500 per ton. These are free-on-rail prices and exclude statutory levies and taxes such as royalty, DMF, NMEDT, various cesses, permit and transit fees, and GST, signalling a formal price reset that will influence cost structures for steel producers and other downstream users of iron ore in India.
More about NMDC Limited
NMDC Limited is a state-owned Indian mining company and one of the country’s leading producers of iron ore. The company primarily supplies iron ore lumps and fines to domestic steelmakers, playing a key role in India’s steel value chain and raw material security.
Average Trading Volume: 1,780,439
Technical Sentiment Signal: Strong Buy
Current Market Cap: 685.6B INR
For a thorough assessment of NMDC stock, go to TipRanks’ Stock Analysis page.