NMDC Limited has announced its iron ore pricing structure that will take effect from March 6, 2026. The state-owned mining company has released updated rates for its key iron ore products as part of its regular pricing review process.

New Pricing Structure

The company has established specific pricing for different grades of iron ore products. The pricing announcement covers the company's primary iron ore offerings with differentiated rates based on product specifications.

Product Categories

The pricing structure encompasses two main categories of iron ore products. Baila Lump, which typically commands a premium due to its size and quality specifications, has been priced at ₹4,800 per ton. Baila Fines, representing the smaller-sized iron ore particles, carries a price of ₹4,050 per ton.

Implementation Timeline

The new pricing structure is scheduled to become effective from March 6, 2026. This timing aligns with NMDC Limited's periodic pricing review mechanism, which helps the company adjust its product rates in response to market dynamics and operational considerations.

NMDC Limited has released its provisional iron ore production and sales data for February 2026 under Regulation 30 of SEBI (LODR) Regulations, 2015. The mining major demonstrated robust operational performance with monthly production of 5.35 MT and sales of 4.60 MT, showing significant year-over-year improvements across both metrics.

February 2026 Performance Overview

The company's February 2026 operations showed strong momentum with total iron ore production reaching 5.35 MT compared to 4.62 MT in February 2025, representing a growth of 15.80%. Sales for the month stood at 4.60 MT, up from 3.98 MT in the corresponding period last year, marking a substantial increase of 15.58%.

Regional Performance Breakdown

Chhattisgarh operations led the production with 4.04 MT in February 2026, significantly higher than 3.37 MT in February 2025. Sales from Chhattisgarh reached 3.08 MT compared to 2.79 MT in the previous year. Karnataka operations contributed 1.31 MT in production versus 1.25 MT last year, while sales improved to 1.52 MT from 1.19 MT.

Cumulative Performance Analysis

For the period up to February 2026, NMDC achieved cumulative production of 47.79 MT compared to 40.49 MT in the corresponding period of the previous year, reflecting an impressive growth of 18.03%. Cumulative sales reached 44.34 MT against 40.20 MT last year, showing a solid increase of 10.30%.

The data reflects NMDC's strengthened operational capabilities and effective market positioning. The company continues to demonstrate resilience in iron ore mining operations while maintaining strong growth momentum across both production and sales metrics. These provisional figures are subject to final adjustments as part of standard reporting procedures.