[SMM Iron & Steel] India’s NMDC Hits Record 50 Million Tonne Annual Production Milestone

Published: Mar 17, 2026 16:04

Save

State-run NMDC Limited announced on March 13, 2026, that it has reached a historic production milestone of 50 million tonnes (mt) of iron ore in the current financial year. This is the first time an Indian miner has crossed this threshold. The company is currently optimizing mechanized mines in Chhattisgarh and Karnataka to support India’s goal of 300 million tonnes of steel capacity by 2030.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

[SMM Hot Topic] HRC Prices Rose MoM in April, Expected to Fluctuate at Highs Before Mid-May

2 hours ago

Apr 23, 2026 15:04

Building Bridges of Communication and Unlocking Investment Potential — SMM Visited the Guangxi (Shenzhen) Industrial Cooperation Center

Apr 23, 2026 15:04

2 hours ago

MMi Daily Iron Ore Report (April 30)

Today, the DCE Iron ore futures strengthened today, with the most-traded contract I2609 closing at 796 yuan/mt, up 1.60% from the previous trading session. Spot prices rose 2-5 from the previous day. Traders showed moderate enthusiasm in quoting, while steel mills restocked on an as-needed basis with limited inquiries

2 hours ago