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NMDC Limited ( (IN:NMDC) ) has shared an announcement.
NMDC Limited has announced revised prices for its iron ore products effective 6 May 2026, setting Baila Lump (65.5%, 10–40 mm) at ₹5,500 per ton and Baila Fines (64%, -10 mm) at ₹4,700 per ton. These ex-mine FOR prices, which exclude statutory levies and taxes, will directly influence input costs for steelmakers and other industrial customers, signaling NMDC’s latest pricing stance in response to market conditions and regulatory requirements.
More about NMDC Limited
NMDC Limited is an Indian state-owned mining company primarily engaged in the exploration and production of iron ore. As a major supplier to domestic steel producers, it plays a key role in supporting India’s steel industry and broader infrastructure development by ensuring stable availability of key raw materials.
Average Trading Volume: 1,605,393
Technical Sentiment Signal: Buy
Current Market Cap: 783B INR
See more data about NMDC stock on TipRanks’ Stock Analysis page.