State-run NMDC announced significant price reductions for its iron ore products on January 9, implementing cuts of up to ₹1,000 per tonne effective immediately. The decision comes despite strong global iron ore prices, creating a notable divergence between domestic and international market trends.

Price Revision Details

NMDC filed an exchange notification detailing the revised pricing structure for its key iron ore products. The price adjustments represent substantial reductions from the previous month's rates.

The company clarified that these prices are exclusive of royalty, cess, GST and other applicable taxes.

Global Market Context

The domestic price cuts contrast sharply with the global iron ore market scenario. International iron ore prices have reached their highest levels since February last year, driven by positive economic outlook for China and pre-holiday restocking activities ahead of the Chinese Lunar New Year.

Key global market developments include:

• Iron ore futures trading near $109 per tonne in Singapore
• People's Bank of China indicating use of multiple tools to stimulate economic growth
• Iron ore ending 2025 with modest gains despite production concerns from major miners

Market Impact

The price revision announcement had an immediate negative impact on NMDC's stock performance. Shares declined to the day's low, trading 2% lower at ₹80.06. This represents a notable drop from the stock's recent performance near its 52-week high of ₹86.72.

The market reaction reflects investor concerns about the company's pricing strategy amid strong global demand and elevated international prices. The decision to reduce domestic prices while global rates remain elevated presents a unique market dynamic that investors are closely monitoring.

Source: https://www.cnbctv18.com/market/nmdc-share-price-iron-ore-price-cut-lumps-fines-quantum-global-rates-high-impact-19817639.htm

NMDC Limited has announced revised pricing for its iron ore products effective January 9, 2026, in compliance with Regulation 30 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The state-owned mining enterprise communicated the new pricing structure to major stock exchanges including BSE, NSE, and Calcutta Stock Exchange.

New Iron Ore Pricing Structure

The company has established the following pricing for its iron ore products:

Pricing Terms and Conditions

The announced prices are FOR (Free on Rail) prices that exclude several statutory charges and fees. The pricing structure does not include the following components:

• Royalty payments
• District Mineral Foundation (DMF) contributions
• National Mineral Exploration Trust (NMEDT) levy
• Various cess obligations
• Forest permit fees
• Transit fees
• Goods and Services Tax (GST)
• Environmental cess
• Other applicable taxes and duties

Regulatory Compliance and Transparency

The pricing announcement was made through official communication to stock exchanges where NMDC shares are listed. The company maintains transparency by making this information publicly available on its official website at the dedicated investor relations section for iron ore pricing updates.

NMDC Limited, operating as a Government of India enterprise, continues its role as a major iron ore supplier in the Indian market. The company's registered office is located at Khanij Bhavan, Castle Hills, Masab Tank, Hyderabad, with Corporate Identity Number L13100TG1958GOI001674.

The pricing revision reflects the company's ongoing commitment to maintaining transparent pricing mechanisms while adhering to regulatory disclosure requirements under SEBI guidelines.

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