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NMDC PRICE REVISION
- NMDC cuts iron ore prices from August 8NMDC has cut its iron ore prices effective August 8, 2026. Lump ore (65.5%) is now priced at Rs 5,250 per tonne, down from Rs 5,450 in July...
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...- NMDC hikes iron ore prices by Rs 200 tonneState-owned NMDC has raised iron ore lump and fines prices by Rs 200 per tonne, effective immediately. Baila lump ore is now priced at Rs 5...
- NMDC shares in focus as strike ends, normal operations resumeNMDC's strike by trade unions has ended, restoring normal operations as employees resumed work on March 20. This follows a significant prod...
- NMDC cuts prices of lump ore, fines by Rs 500 per tonne eachIron ore is one of the key raw materials used in the manufacturing of steel, and any movement in the prices of the mineral has a direct imp...
- NMDC hikes lump ore price by Rs 700 per tonne; fines by Rs 1,500 per tonneThe announcement has come at a time when steel is trading at an all-time high. In May 2021, the steel makers raised prices of Hot Rolled Co...
- NMDC hikes iron ore rates by Rs 300 to Rs 2,950 a tonne effective from August 12In a filing to BSE, NMDC said it has increased the price of lumps or high-grade iron ore by Rs 300 to Rs 2,950 per tonne, and that of iron ...
- NMDC slashes iron ore prices by Rs 50 per tonneThe price of fines was also increased by Rs 350 to Rs 2,910 per tonne from Rs 2,560 per tonne fixed by NMDC on January 2, 2020.
- Centre stays Karnataka government's decision to deny NMDC mining rightsIn a relief to the state-owned miner, the Ministry of Mines’ revision authority on Wednesday stayed Karnataka government's move to withdraw...
- About 22% hike in iron ore prices to increase production cost of steelAfter the hike, experts said steel production costs are expected to jump at least Rs 1,100-Rs 1,300 per tonne, a substantial increase by in...
- NMDC eyes 20% rise in production to 35 MT in fiscal year 2015-16Last December, Union Steel and Mines Minister Narendra Singh Tomar had directed NMDC to aim for an annual production of 100 MT by FY21.
- NMDC to keep prices of lump ore and iron ore fines unchanged for SeptemberThe decision comes even as the company reported a 23 per cent jump in sales for August at 25.2 lakh tonne compared to dispatches of 20.5 la...
- NMDC cuts iron ore prices by 2.2% for MarchAfter the price cut, NMDC's high-grade iron ore lumps will be available for 4,950 per tonne for local steel mills.
- NMDC may revise iron ore price in FebruaryNMDC may revise iron ore rates for February because of firming prices of the key steel-making raw material internationally.
- NMDC suffers Rs 746-cr revenue loss during 2007-10: CAGThe government auditor also said by extending unwarranted reduction in price, NMDC had passed Rs 600.83 crore benefit to customers during 2...
- NMDC may revise iron ore price this weekIron ore miner NMDC may announce a revision in the July-August contract price for the key input for steel-making at its Board meeting sched...
- NMDC may decide ore prices for domestic users by mid AprilNMDC is likely to delay revision in iron ore prices for the April-June quarter as long-term contracts with Japanese steel mills have not be...
- Iron ore prices slashed 40 per centPrices of iron ore lumps would go down by Rs 1,000-2,000 per tonne depending on quality. Prices of ore fines would fall by about Rs 500 per...
- NMDC's long-term deals 40% costlierMining co’s 10.5% higher fines prices & up to 40% higher lumps prices would come into force from wednesday.
- NMDC to invest Rs 20, 000 cr to ramp up operationsNMDC announced a capital expenditure plan of about Rs 20,000 crore for ramping up operations and was assured of resolution of inter-ministe...
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