State-owned NMDC has diminished iron ore prices by ₹600 a tonne of Baila Lump and by ₹500 for an identical quantity of Fines efficient July 1.
The new, per tonne worth of Baila Lump is at ₹5,700 and that of Baila Fines is at ₹4,850, India’s largest iron ore producer stated in a submitting. It is for the third month consecutively this fiscal the corporate has revised prices of the important thing uncooked materials for metal.
In June, it NMDC had priced Baila Lump at ₹6,300 and Baila Fines at ₹5,350. In May, it had raised the iron ore prices by ₹440 to ₹6,440 for Baila Lump and ₹5,500 for Baila Fines. These are FOR prices inclusive of royalty, DMF, NMET and unique of cess, forest allow charge, transit charge, GST, environmental cess and different taxes.
The newest revision is the fourth in 2025 and peg the prices beneath the January prices of ₹6,000 for lump and ₹5,060 for Fines. NMDC share worth was 2.39% decrease at ₹68.35 apiece on the BSE round 10 a.m. on Tuesday (July 1, 2025).
