NMDC Limited, state-owned miner, has revised the prices of iron ore with effect from October 22, 2025. As per its exchange filing, the company has fixed the price of Baila Lump (65.5%, 10-40 mm) at ₹5,550 per tonne and Baila Fines (64%, -10 mm) at ₹4,750 per tonne.
The revised prices are Free on Rail (FOR) and include charges such as royalty, District Mineral Foundation (DMF), and National Mineral Exploration Trust (NMET). The rates do not include cess, GST, forest permit fees, transit fees, environmental cess, or other applicable taxes.
In September 2025, NMDC’s total iron ore production rose 23.4% year-on-year to 3.75 million tonnes. Sales for the same period increased 9.6%.
For the first half of FY26, the company reported 22.20 million tonnes of production, compared with 17.47 million tonnes in the same period last year. Sales volumes during this period stood at 22.25 million tonnes, up from 19.80 million tonnes a year earlier.
NMDC is a public sector enterprise engaged in the exploration and production of iron ore. The company regularly reviews its prices depending on market conditions, production levels, and demand from domestic steel producers.
As of October 23, 2025, 11:28 AM, NMDC share price was trading at ₹73.67, a 2.57% decrease from the previous closing price.
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The revised prices for Baila Lump and Baila Fines are applicable from October 22, 2025. The update follows NMDC’s routine pricing review and will remain in effect until the next announcement.
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Published on: Oct 23, 2025, 1:16 PM IST
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