NMDC Hikes Iron Ore Prices By ₹440/Tonne Across Grades

NMDC Ltd. has raised prices of its Baila iron ore lump and fines by ₹440 per tonne each, effective Thursday, according to an exchange filing.

With the revision, the price of Baila lumps stands at ₹6,440 per tonne, while that of Baila fines is now ₹5,500 per tonne.

This marks a reversal from the last price move on January 9, when NMDC had reduced prices by ₹350 per tonne, bringing Baila lumps down to ₹6,000 per tonne and fines to ₹5,060 per tonne.