NMDC reduces iron ore lump rate by Rs 200 per tonne

New Delhi: State-owned NMDC on Thursday said it has slashed prices of iron ore and fines by Rs 200 per tonne and Rs 250 per tonne, respectively.

The rates of lump ore have been revised to Rs 5,800 per tonne and that of fines to Rs 5,060 per tonne, NMDC said in an



exchange filing.

The prices are effective from Thursday and exclude royalty, District Mineral Fund (DMF), National Mineral Exploration Trust (DMET), cess, forest permit fee, and other taxes, the company said.