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( As on 06/04/2026 13:43)

NMDC Ltd raises Iron Ore Prices by Up to 11%

State-owned NMDC has increased iron ore prices by up to 11.1%, effective April 5, 2026, as per a regulatory filing.

The company has raised prices of its high-grade Baila Lump (65.5% Fe) iron ore from Bailadila mines in Chhattisgarh by 10.4%.

The price hike reflects improving demand dynamics and is likely to impact input costs for steel producers.