NMDC Limited has announced a formal revision to its iron ore prices, effective from May 6, 2026. The new pricing structure reflects updated rates for both Baila Lump and Baila Fines, serving as a key update for stakeholders and market participants tracking commodity price movements in the domestic sector.
Updated Iron Ore Pricing Structure
NMDC Limited has officially updated its price schedule for iron ore. As of May 6, 2026, the revised rates for the company’s primary products are as follows:
- Baila Lump (65.5%, 10-40 mm): Fixed at ₹ 5,500 per ton.
- Baila Fines (64%, -10 mm): Fixed at ₹ 4,700 per ton.
Important Pricing Clarifications
It is important to note that these figures represent FOR (Free on Rail) prices. These rates are strictly exclusive of additional levies and taxes, including but not limited to Royalty, DMF, NMEDT, Cess, Forest Permit Fees, transit fees, and GST. Customers and stakeholders should account for these additional charges when calculating final procurement costs.
Source: BSE
