India, April 6 -- State-owned NMDC has increased iron ore prices by up to 11.1%, effective April 5, 2026, as per a regulatory filing.
The company has raised prices of its high-grade Baila Lump (65.5% Fe) iron ore from Bailadila mines in Chhattisgarh by 10.4%.
The price hike reflects improving demand dynamics and is likely to impact input costs for steel producers.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....