[ NMDC August Iron Ore Production Surges 20.7% ]

Published: Sep 2, 2026 18:13

Save

Indian state-owned miner NMDC reported its provisional iron ore production reached 4.07 million tonnes in August 2026, reflecting a 20.7% year-on-year increase. Monthly sales volumes stood at 3.58 million tonnes, pushing the fiscal year's cumulative production up 25.9% to 23.23 million tonnes. To maintain sales momentum, the company implemented updated pricing, setting Lump Ore (65.5% grade) at ₹5,250 per tonne and Fines (64% grade) at ₹4,500 per tonne.

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 for 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

21 mins ago

[ Canada to Impose 50% Retaliatory Tariff on US Steel ]

The Canadian government announced a 50% retaliatory tariff on United States exports of steel and aluminum, scheduled to take effect on September 8, 2026. The aggressive trade measure directly responds to the recent collapse of bilateral metal trade negotiations and the implementation of US tariffs. The cross-border penalties threaten to heavily disrupt integrated North American steel supply chains ahead of the fast-approaching deadline.

21 mins ago

22 mins ago

[ U.S. Steel and USW Extend Labor Contract Negotiations ]

U.S. Steel and the United Steelworkers agreed to a 30-day extension of their labor contract on September 1, 2026. The negotiations impact over 10,000 workers across North American flat-rolled steel facilities and iron ore mining operations. The temporary pact averts an immediate strike over healthcare costs that would severely disrupt domestic flat steel supply while Nippon Steel's $15 billion acquisition remains pending.

22 mins ago

2 hours ago

[SMM Steel] India Domestic Steel Prices decline

[India Domestic] India’s domestic steel market saw mixed price movements on a daily basis with finished steel and semi-finished steel prices moved lower. Alang Melting scrap prices rose by 3.16USD/tonne (300INR/tonne) to 386.83USD/tonne (36,700INR/tonne) ex-yard Alang. 8Ani (12mm) prices unchanged at 443.75USD/tonne (42,100INR/tonne) ex-yard Alang. PDRI sponge iron prices down by 3.16USD/tonne (300INR/tonne) to 313.05USD/tonne (29,700INR/tonne) EXW Bellary. PDRI sponge iron prices down by 2.11USD/tonne (200INR/tonne) to 310.94USD/tonne (29,500INR/tonne) EXW Raipur. Rebar up by 1.05USD/tonne (100INR/tonne) to 525.96USD/tonne (49,900INR/tonne) EXW Mumbai. Raipur rebar down by 5.27USD/tonne (500INR/tonne) to 470.10USD/tonne (44,600INR/tonne) EXW Raipur. Raipur billet down by 4.22USD/tonne (400INR/tonne) to 442.70USD/tonne (42,000INR/tonne) EXW Raipur. Ingot down by 2.11USD/tonne (200INR/tonne) to 488.02USD/tonne (46,300INR/tonne) EXW Mandi.

2 hours ago