The company has notified BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited about the new pricing structure in accordance with disclosure requirements set by the Securities and Exchange Board of India regulations.
Updated Iron Ore Prices
Baila Lump (65.5%, 10–40 mm): ₹5,300 per tonne
Baila Fines (64%, -10 mm): ₹4,500 per tonne
NMDC clarified that these prices are FOR (Free on Rail), which do not include royalty, District Mineral Foundation (DMF), NMET contribution, cess, forest permit fee, transit fee, GST, and other relevant charges.
This announcement was made under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The updated prices have also been published on the company’s official website for investors.
Strong Production Boosts Price Adjustments
The price update coincides with NMDC’s robust operational performance. The company achieved over 53 million tonnes (MT) of iron ore production in FY2025-26, reflecting a 21% increase compared to the previous year.
Total sales reached 50.23 MT, a rise of approximately 13% year-over-year, demonstrating consistent demand from the steel industry. In March alone, NMDC produced 5.35 MT and recorded sales of 5.90 MT.
The miner has become the first firm in India’s mining sector to surpass the 50 MT annual production mark, supported by strong output from its major mines in Chhattisgarh and Karnataka.
(Edited by : priyanka deshpande)
First Published: Apr 5, 2026 6:04 PM IST
