NMDC has announced an increase in the prices of iron ore, effective October 22, 2025. The price for Baila Lump (65.5%, 10-40mm) is now ₹5,550 per ton, while Baila Fines (64%, -10 mm) will be sold at ₹4,750 per ton. The announced prices include royalty, DMF, and NMET, but exclude Cess, Forest Permit Fee, GST, and other taxes. More details are available on the company website.
Iron Ore Price Revision
NMDC has revised its iron ore prices, with the new rates effective from October 22, 2025. This adjustment reflects market conditions and the company’s commitment to providing a stable supply of iron ore.
New Pricing Details
The updated prices for different grades of iron ore are as follows:
Baila Lump (65.5%, 10-40mm): ₹5,550 per ton
Baila Fines (64%, -10 mm): ₹4,750 per ton
Inclusions and Exclusions
The prices mentioned above are inclusive of Royalty, DMF (District Mineral Fund), and NMET (National Mineral Exploration Trust). However, they do not include additional charges such as Cess, Forest Permit Fee, GST (Goods and Services Tax), and other applicable taxes.
For more comprehensive information, please visit the company’s official website.
Source: BSE