NMDC Steel Ltd. News and Updates

Keep track of all breaking news on NMDC Steel Ltd. from all sources in a single place.

04 May 2025

34.73

1.76%

NMDC posts record 15% rise in iron ore production in April, sales grow 3%

Business Standard

State-owned NMDC has reported a 15 per cent rise in its iron ore production and 3 per cent growth in sales of the mineral in April. In a statement on Sunday, NMDC said it produced 4 million tonnes (MnT) iron ore in April, higher from 3.48 MnT in same month last year. NMDC sold 3.63 MnT iron ore last month, up from 3.53 MnT in April 2024. NMDC CMD Amitava Mukherjee said, "Our record-breaking April performance, coupled with best-ever despatch figures from our major iron ore mines -- Kirandul, Bacheli, and Donimalai -- with a growth of 12 per cent, 4 per cent and 88 per cent, respectively over CPLY solidifies our leadership position and sets a strong foundation for achieving our ambitious target of becoming 100 MT mining company by 2030." The company's pellet production soared to an all-time high of 0.23 lakh tonnes, surpassing the previous April record set in 2018. Under the Ministry of Mines, NMDC is India's largest iron ore producing entity. Meanwhile, NMDC Steel Limited (NSL), a

NMDC Steel Ltd. has lost -43.25% in the last 1 Year

NMDC Steel Ltd.

19 Mar 2025

34.73

1.76%

Steel stocks zoom up to 7% after DGTR recommends 12% safeguard duty on some products

Economic Times

Shares of steel companies like NMDC Steel and SAIL surged up to 7% after the Directorate General of Trade Remedies recommended a 12% safeguard duty on certain steel imports to curb the influx. The DGTR suggests this temporary duty for 200 days to protect the domestic industry from serious injury.

NMDC Steel Ltd. has lost -30.65% in the last 6 Months

NMDC Steel Ltd.

01 Mar 2025

34.73

1.76%

Priyadarshini Gaddam joins NMDC Board as Director (Personnel)

Business Line

Prior to this appointment, Priyadarshini Gaddam also worked as the Head of Personnel for both the NMDC Corporate Office in Hyderabad and NMDC Steel Limited in Nagarnar

NMDC Steel Ltd. has lost -30.65% in the last 6 Months

NMDC Steel Ltd.

13 Nov 2024

34.73

1.76%

NMDC Steel shares drop 5% as loss widens to Rs 595.37 cr in Q2, margins dip

Business Standard

The Earnings before interest, tax, depreciation, and amortisation (Ebitda) for the second quarter stood declined to Rs 441 crore from Rs 72 crore a year ago

NMDC Steel Ltd. is trading below all available SMAs

NMDC Steel Q2 results: Loss widens to Rs 595 cr, income at Rs 1,535.46 cr

Business Standard | 12 Nov 2024

NMDC Steel Ltd.

02 Oct 2024

34.73

1.76%

NMDC Steel gets four ISO licenses

Business Line

The licences awarded include Environmental Management System (EMS) ISO 14001; Quality Management System (QMS) ISO 9001; Occupational Health & Safety Management System (OHSMS) ISO 45001 and Energy Management System (EnMS) ISO 50001

NMDC Steel Ltd. has lost -30.65% in the last 6 Months

NMDC Steel Ltd.

21 Aug 2024

34.73

1.76%

NMDC Steel's hot rolled coil production hits 1 MT-mark within a year

Business Standard

State-owned NMDC Steel Limited (NSL) on Wednesday announced producing 1 million tonnes of hot rolled coil (HRC) at its plant in Nagarnar, Chhattisgarh in a year's time. NMDC Steel Ltd, an entity demerged and formed from mining firm NMDC, owns and operates the 3 million-tonne Nagar Steel Plant -- referred as India's youngest steel unit -- and has been set up with an investment of around Rs 23,000 crore. "NSL announces a landmark achievement of its production capabilities. Today, this ultra-modern plant has successfully produced 1 MT HRC four days ahead of the first anniversary of commencement of HR coil production," the company said in a statement. On July 21, 2024, the company had achieved the production of 1.5 MT of hot metal from its blast furnace and produced 1 MT of liquid steel from the steel making shop (SMS) on August 11. Both milestones were reached in less than a year from the commencement of production, the company said. The company's CMD Amitava Mukherjee said, "Achievi

NMDC Steel Ltd. has lost -30.65% in the last 6 Months

NMDC Steel Achieves New Hot Rolled Coil Production Milestone Within A Year

NDTV Profit | 21 Aug 2024

NMDC Steel Ltd.

17 Aug 2024

34.73

1.76%

Govt breaking promises, planning to privatise C'garh steel plant: Congress

Business Standard

The Congress on Saturday claimed the government has gone back on its promise and is finalising plans to privatise the Nagarnar Steel Plant in Chhattisgarh's Bastar after "failing to heed the words" of the state's political leadership. The opposition party's general secretary in-charge communications Jairam Ramesh posted on X a media report that claimed the Union Ministry of Finance is likely to invite financial bids for Chhattisgarh-based NMDC Steel (NSL) in the next two months. "Kya hua tera waada, Woh kasam woh irada! It appears that NMDC Steel in Bastar will now definitely be privatized before the end of FY25. "Aap chronology samajhiye: On October 3, 2023, the non-biological PM inaugurated the Steel Plant and promised that the Nagarnar Steel Plant is the property of the people of Bastar and will remain with them," Ramesh said in a post on X. In the same post, the Congress leader said, "On October 19, 2023, Swayambhu Chanakya reiterated the PM's promise that the NMDC's Bastar Ste

NMDC Steel Ltd. has lost -43.25% in the last 1 Year

NMDC Steel Ltd.

12 Apr 2024

34.73

1.76%

Stock to buy today: NMDC Steel (65.9): BUY

Business Line

NMDC Steel share price can rise to 80

NMDC Steel Ltd. has lost -43.25% in the last 1 Year

NMDC Steel Ltd.

21 Feb 2024

34.73

1.76%

Break-even and stabilisation of NMDC Steel plant likely by Q2-FY25

Business Line

However, there are challenges that include constraints in terms of rake movements, securing lime for steel-making, among others.=

NMDC Steel Ltd. is trading below all available SMAs

NMDC Steel Ltd.

04 Jan 2024

34.73

1.76%

NMDC Steel Share Price Live blog for 04 Jan 2024

livemint

NMDC Steel stock price went down today, 04 Jan 2024, by -0.63 %. The stock closed at 50.77 per share. The stock is currently trading at 50.45 per share. Investors should monitor NMDC Steel stock price closely in the coming days and weeks to see how it reacts to the news.

NMDC Steel Ltd. has lost -43.25% in the last 1 Year

48.47% Fall from 52W High

NMDC Steel Ltd. News and Updates

Keep track of all breaking news on NMDC Steel Ltd. from all sources in a single place.