NMDC has fixed the prices of iron ore with effect from October 23, 2024. The price of Lump Ore (65.5%, 10-40mm) has been fixed at Rs 6,350 per ton, while the price of Fines (64%, -10mm) has been fixed at Rs 5,410 per ton. The above FOR prices are inclusive of Royalty, DMF, NMET and exclusive of Cess, Forest Permit Fee, Transit Fee, GST, Environmental Cess and other taxes. 

NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.