Archive · 1 Aug 2025

NMDC Raises Iron Ore Prices Effective August 1

NMDC Raises Iron Ore Prices Effective August 1

NMDC, a company that mines iron ore, has increased its prices.

This change started on August 1st.

The price for a type of iron ore called Baila Lump is now ₹6,100 per tonne, and Baila Fines cost ₹5,250 per tonne.

These prices don't include extra charges like taxes.

Before this increase, the company had actually lowered the prices in July.

Sources