NMDC announces price cuts for iron ore products effective August 8, 2026

NMDC, a company owned by the Ministry of Steel, has revised down the prices of its iron ore products. The price for Lump Ore (65.5%, 10-40 mm) is now Rs 5,250 per tonne, reduced from Rs 5,450 per tonne. Fines (64%, -10 mm) are priced at Rs 4,500 per tonne, down from Rs 4,700 per tonne. These revised prices are effective from August 8, 2026, according to a regulatory filing.