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NMDC hikes iron ore prices by 11.1%
image for illustrative purpose
New Delhi: State-owned NMDC has increased the prices of iron ore by up to 11.1 per cent, according to a regulatory filing.
The company, which is the country's largest iron ore producer, has increased the prices with effect from April 5, 2026.
As per the regulatory filing, the prices of Baila Lump -- high-grade (65.5 per cent Fe) iron ore lump produced by the company from the Bailadila mines in Chhattisgarh, have been increased by 10.4 per cent. While prices of Baila Fines -- high-grade iron ore product (64 per cent Fe) sized below 10 mm sourced from the Bailadila sector mines in Chhattisgarh, the prices have been hiked up by 11.1 per cent.
