New Delhi, April 5: NMDC has revised its iron ore pricing structure starting Sunday, following a record-breaking financial year that saw the company shatter previous production benchmarks. According to the latest disclosure under SEBI regulations, the new rate for Baila Lump (65.5% grade) is fixed at Rs 5,300 per tonne, with Baila Fines (64% grade) set at Rs 4,500 per tonne.
The Ministry of Steel declared that the 2025-26 fiscal year was a period of “marvellous growth,” characterized by a 21 percent increase in total production output. The ministry asserted that the company’s ability to reach 53.15 million tonnes marks the best volumes recorded since its inception.
“The total production output reached 53.15 MT with a marvellous growth of 21%,” the Ministry stated while detailing the company’s expansion into international markets, including the opening of an office in Dubai.
Administrative reports affirmed that March was a particularly strong month, with iron ore sales posting a robust 40 percent growth compared to the same period last year. The ministry asserted that the strategic commissioning of new deposits has been central to maintaining this momentum.
While the base prices have been adjusted, the company maintained that buyers remain responsible for additional costs. The filing stated that the revised rates are exclusive of the National Mineral Exploration Trust (NMET) charges, cess, and other applicable regional taxes. Officials affirmed that the current pricing reflects the company’s strengthened market position and expanded operational footprint across Chhattisgarh and Karnataka.
