NMDC has fixed the prices of iron ore with effect from October 27, 2018. The prices of Lump Ore have been fixed at Rs 3,850 per ton, while the prices of Fines have been fixed at Rs 3,310 per ton. The above FOR prices are excluding Royalty, DMF, NMET, Cess, Forest Permit Fee and other taxes.
NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.