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NMDC eyeing to produce 35 MT of iron ore in this fiscal

18 Jan 2021 Evaluate

NMDC is eyeing to utilize 97 per cent of its production capacity to produce 35 million tonne (MT) of iron ore in this fiscal. The company has also an ambitious target of producing 100 MT by 2030, in a bid to ensure a continuous and smooth supply of the mineral for steel makers.

By the targeted year 2030, the government also aims to increase India's total steelmaking capacity to 300 MT. Iron ore is the main ingredient used for producing the metal besides coking coal.

NMDC is a state controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.

NMDC Share Price

88.81 -0.97 (-1.08%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 441.65
NMDC 88.81
GMDC 691.40
Sandur Manganese 213.50
MOIL 321.05
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