NMDCNSENMDC Limited· MiningMediumNeutral
Announced Tue, 10 Feb · 08:41 IST

NMDC Limited has informed the Exchange about General Updates-Prices of Iron Ore w.e.f. 10th February 2026.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NMDC, India's largest iron ore producer, has announced a revision in the prices of its iron ore products, effective from 10th February 2026. The company has informed the stock exchange about the new pricing, which will apply to its various iron ore grades sold in the domestic market. Specific price points for lump and fines were not detailed in the headline. Such periodic price revisions are a regular part of NMDC's operations and reflect prevailing market conditions and demand from steelmakers.

Likely market impact

Iron ore price changes directly affect NMDC's realisations and, consequently, its revenue and margins. A price hike is generally positive for earnings, while a cut can pressure profitability. Investors should check the detailed price circular to assess the actual impact on per-tonne realisations.