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NMDC OUTPUT
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...- Andhra’s new gold mine could change India’s import storyIndia is set to launch its first large-scale private gold mine, the Jonnagiri project in Andhra Pradesh, aiming to boost domestic productio...
- Steel to stay costly through 2026, India to lead demand rebound in 2027: ReportGlobal steel demand will stay weak, growing just 0.3% in 2026, with China dragging growth while India emerges as a strong outlier. Despite ...
- NMDC hikes iron ore prices by up to 11.1% effective April 5In a pivotal move, NMDC, the state-owned giant, is set to hike iron ore prices effective April 5, 2026. Following an unprecedented producti...
- India's top miner tests local iron ore pricing; shift from global index, source saysNMDC, a key Indian iron ore producer, is testing a new pricing formula to protect its profits from global market volatility. This new formu...
- NMDC's iron ore output falls 37% in May; sales down 22 pcIndia's largest iron ore miner, NMDC, reported a 37% decrease in production in May 2024, with monthly sales declining by 22%. The company's...
- NMDC iron ore output rises 11.42 pc to 3.51 MT in AprilIt produced 3.15 MT of iron ore in the same month last year, NMDC said in a BSE filing. Last month, the company's sales rose by around 10 p...
- ‘NMDC plans to increase iron ore output by more than 21% this fiscal’NMDC’s output in the March quarter, at 14. 29 million tonnes, was its highest for a quarter. For FY24, the company expects output to be uni...
- NMDC climbs 3.5% as iron ore output surgesThe state-owned miner posted a 26 per cent jump in its iron ore output to 37.18 million tonnes (MT) during April-February period of 2021-22...
- NMDC's iron ore output jumps 43 pc to 21 MT during April-October"NMDC is continuously outperforming itself with production and sales figures. The monthly output is the highest ever in any October month s...
- State-owned miner NMDC's output grows to 3.13 MT in April; sales jumps to 3.09 MTNMDC (National Mineral Development Corporation), under the Ministry of Steel, is India's single largest iron ore producer, presently produc...
- NMDC looks to restore full production in a monthAlthough its biggest customer segment — the steel industry — has been running at less than half the capacity due to low demand from end use...
- NMDC to resume operations at Donimalai MineNMDC had approached government of Karnataka to facilitate execution of lease deed and resumption of operations at Donimalai Mine.
- NMDC creates new department to spread global footprintThe company also said it is keen on other emerging opportunities in key minerals which has potential to deliver the long term benefits.
- NMDC, Karnataka steelmakers clash over iron ore ratesNMDC has cut production in Karnataka after companies, including JSW Steel which buys 90% of its output, stopped purchases at the state’s ir...
- NMDC will ready plan to meet 100mt iron ore output targetThe company which produced 30 mt of iron ore in 2013-14, is faced with the daunting task of expanding output more than threefold.
- NMDC charts mega growth plans to produce 100 million tonne of iron oreWhile 90% of it will be produced in India, 10% will come from NMDC's Legacy Iron Ore mines in Australia.
- NMDC production rises 37% in Q3 FY14; despatches up 40%NMDC said its production grew nearly 37% in Q3 FY14 at 7.3 million tonne against 5.33 million tonne in the previous corresponding period.
- NMDC hopes to bridge production shortfallNMDC had produced 272.6 lakh tonnes iron ore in 2011-12, recording an eight per cent growth over 2001-11.
- NMDC is a standout performer in metal stocks: Phani Sekhar, Angel Broking"A lot is riding on recovery in China which explains why firms with international exposure like Tata Steel, Hindalco have been excited."
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