DBT Bureau
Pune, 3 June 2026
State-owned NMDC has revised its iron ore prices upward with effect from June 3, 2026, increasing the price of Baila Lump ore by ₹200 per tonne and Baila Fines by ₹150 per tonne over the previous rates announced in May.
NMDC Iron Ore Prices (Effective June 3, 2026)
| Product | Grade | Price (₹/tonne) |
|---|---|---|
| Baila Lump Ore | 65.5% Fe, 10-40 mm | 5,700 |
| Baila Fines | 64% Fe, -10 mm | 4,850 |
Comparison with Previous Prices
| Product | Price as on May 6, 2026 (₹/tonne) | Price as on June 3, 2026 (₹/tonne) | Increase (₹/tonne) |
|---|---|---|---|
| Baila Lump Ore | 5,500 | 5,700 | 200 |
| Baila Fines | 4,700 | 4,850 | 150 |
