NMDC reduces iron ore prices by ₹140-150 per tonne, setting new prices at ₹6,300 for Baila Lump and ₹5,350 for Fines.

The state-owned iron ore miner informed that it has reduced the prices of its lump ore and fines, with the revised rates coming into effect from 4 June, 2025.

In its latest financial results, NMDC reported a 5% growth in consolidated net profit to ₹1,483.18 crore for the March ...

Baila Lump (65.5%, 10-40mm) Rs 6,300/- Per Ton. Baila Fines (64%, -10 mm) Rs 5,350/- Per Ton. Note: The above FOR prices are inclusive of Royalty, DMF, NMET and exclusive of Cess, Forest Permit Fee, ...

NMDC had hiked prices of its ore and fines by up to ₹440 per tonne, which was the first price hike that the company had ...

The $6 trillion discovery has challenged existing geological theories about how Earth's richest iron ore deposits formed.

The system, still in early stages, will rely on an internal, automated pricing engine, similar to global commodity benchmarks ...

Alloy plants pressed down prices when purchasing manganese ore, and manganese ore prices struggled to rise. Currently, there are no positive factors in the market, and the spot price of manganese ore ...

A recent concern is the limited reserves and the rapid depletion of high-grade iron ore, which is utilized in the ironmaking process, due to an increase in steel demand in emerging countries. In ...

The prospects for iron ore prices are improving thanks to a lower than expected global surplus this year, analysts and ...

NRW Holdings subsidiary Primero Group has been awarded a $157 million contract by mining giant Rio Tinto for work on the Hope ...