NMDC raises iron ore prices again: Check rates
Business
NMDC just bumped up iron ore prices by ₹100 per ton, starting today.
Baila Lump now costs ₹4,700 per ton (up from ₹4,600) and Baila Fines are at ₹4,000 (up from ₹3,900).
The move comes as steel prices climb and the rupee loses value.
Key details about Baila Lump and Baila Fines
Baila Lump has 65.5% iron and chunkier grains (10-40mm), while Baila Fines have 64% iron with smaller grains (under 10mm).
Heads up: these prices cover only the ore itself—extras like taxes, transport fees, and environmental charges aren't included.
Production and sales numbers for January
In January 2026 alone, NMDC reported higher iron ore production year on year. Sales also grew.
For April to January in FY26, total output rose year on year.