NMDC Limited has announced its updated iron ore pricing structure, which will become effective from January 9, 2026. The state-owned mining company has set specific rates for different grades of iron ore products to align with current market dynamics.

New Pricing Structure

The company has established distinct pricing for its primary iron ore products. The pricing announcement covers two main categories of iron ore that form the core of NMDC's product portfolio.

Pricing Terms and Conditions

The announced prices are structured on a base rate model, with additional charges to be applied separately. Key aspects of the pricing structure include:

• All prices are quoted per metric ton
• Rates are exclusive of applicable taxes
• Additional fees and charges will be levied separately
• Pricing becomes effective from January 9, 2026

Product Categories

The pricing update covers NMDC's two primary iron ore grades. Baila Lump, priced at ₹4,600.00 per ton, represents the higher-grade product category, while Baila Fines, set at ₹3,900.00 per ton, caters to different industrial requirements. The price differential of ₹700.00 per ton between the two grades reflects the varying quality specifications and market demand patterns.

This pricing announcement demonstrates NMDC's systematic approach to rate setting, ensuring transparency in its commercial operations while maintaining competitive positioning in the iron ore market.

NMDC , India's premier iron ore mining company, is expected to announce a substantial price increase for domestic iron ore in January. The anticipated price hike of ₹400.00 per tonne represents a significant adjustment in the mining sector's pricing strategy.

Price Adjustment Details

The proposed price increase will affect domestic iron ore supplies, marking a notable shift in NMDC's pricing structure. This adjustment comes as the company evaluates market conditions and operational factors influencing iron ore pricing.

Market Impact

The anticipated price hike is expected to have implications for various stakeholders in the steel and manufacturing sectors. Steel producers and other industries that depend on iron ore as a primary raw material may need to adjust their procurement strategies and cost structures accordingly.

Industry Context

As one of India's largest iron ore producers, NMDC's pricing decisions typically influence broader market trends in the mining and steel sectors. The company's price adjustments often reflect underlying market dynamics and operational considerations within the iron ore industry.