3 weeks ago
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State-owned NMDC has accrued robust ore prices by ₹200 a tonne successful the latest revision effectual May 6.
The caller prices person been fixed astatine ₹5,500 per tonne for Baila Lump and ₹4,700 for the aforesaid quantity of Baila Fines, NMDC said successful the revision, which is the 2nd specified this fiscal.
On April 5, the company, which is India’s largest robust ore producer, had accrued the terms of Baila Lump by ₹500 per tonne to ₹5,300 and Baila Fines to ₹4,500 from ₹4,050 earlier.
These are FOR (freight connected road/rail) prices that are exclusive of royalty, DMF, NMEDT, cess, Forest Permit Fee, transit fee, GST, biology cess and different taxes, NMDC said.
The institution had closed FY 26 with Baila Lump terms astatine ₹4,800 and Baila Fines at ₹4,050 pursuing the revision effectual March 6, successful which it has accrued prices of the cardinal earthy worldly of alloy by ₹100 a tonne and ₹50 respectively.
Earlier this month, NMDC said it was eyeing 60 cardinal tonne accumulation successful FY27. It said this announcing a 16% summation successful April accumulation astatine 4.64 MT compared to 4 MT a twelvemonth earlier. Sales accrued marginally to 3.68 MT (3.63 MT).
