NMDC Announces Iron Ore Prices Effective 9 January 2026

NMDC Announces Iron Ore Prices Effective 9 January 2026

NMDC Limited has announced revised iron ore prices effective 09 January 2026, through an official exchange disclosure filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Price Details

As per the filing, NMDC has fixed the following prices:

  • Baila Lump (65.5%, 10–40 mm): ₹4,600 per tonne

  • Baila Fines (64%, -10 mm): ₹3,900 per tonne

The company clarified that these are FOR prices and are exclusive of royalty, DMF, NMET, cess, forest permit fee, transit fee, GST, environmental cess, and other applicable taxes.

Regulatory Disclosure

The price revision has been formally communicated to:

  • BSE Limited

  • National Stock Exchange of India

  • Calcutta Stock Exchange

The information has also been made available on NMDC’s official website under the investor section, in line with statutory disclosure requirements.

Market Context

NMDC’s iron ore pricing announcements are closely tracked by domestic steelmakers and downstream manufacturers, given the company’s significant role in India’s iron ore supply chain. The January 2026 price notification provides near-term visibility on raw material costs for steel, pellet, and sponge iron producers.

While the disclosure confirms the revised price levels effective from the stated date, it does not explicitly indicate any change in the pricing methodology. Market interpretations, if any, are based on the structure of the notification rather than a stated policy shift.

Industry Relevance

The latest pricing is expected to influence:

  • Procurement planning for steel producers

  • Short-term cost assessments across the value chain

  • Domestic iron ore trade sentiment in early 2026

NMDC’s pricing decisions remain a key reference point for the Indian iron ore and steel markets.

 

 

Source: NMDC Exchange Filing dated 09 January 2026 (Regulation 30 Disclosure)