NMDC Revises Iron Ore Prices Effective February 10, 2026

State owned mining major NMDC Limited has announced a revision in the prices of its key iron ore products, effective February 10, 2026. The price update was disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and formally communicated to leading stock exchanges including BSE, NSE and the Calcutta Stock Exchange.

As per the revised structure, Baila Lump with 65.5 percent iron content and 10 to 40 mm size has been priced at Rs 4,700 per tonne. Baila Fines with 64 percent iron content and below 10 mm size have been fixed at Rs 4,000 per tonne. These prices are on a Free on Rail basis and exclude statutory levies and other applicable charges.

The announced prices do not include royalty, District Mineral Foundation contribution, National Mineral Exploration Trust charges, forest permit fees, transit fees, environmental cess, Goods and Services Tax and other applicable taxes. Buyers will need to factor in these additional components while calculating the final procurement cost.

The pricing circular was digitally authenticated and signed by the Company Secretary and Compliance Officer, reinforcing the company’s commitment to regulatory transparency and timely disclosure. NMDC has also updated the revised rates on its official website under the investor relations section for easy access by stakeholders.

The latest revision is expected to be closely tracked by steel producers and traders, particularly at a time when raw material costs remain a key determinant of margins in the domestic steel sector. NMDC, as India’s largest iron ore producer, plays a crucial role in ensuring stable supply to the country’s steel industry.

Market participants will watch how the revised prices influence procurement strategies and production planning in the coming weeks.