NMDC Reports Strong Start to FY26 with Rise in Iron Ore Output and Sales
May 10, 2025 | Metals & Mining Sector
According to a stock exchange filing by the state-owned mining major, iron ore production in April rose by nearly 15% year-on-year to 4 million tonnes (MT), compared to 3.48 MT in the same month last year.
On the sales front, NMDC recorded a modest growth of around 3%, with 3.63 MT of iron ore sold in April 2025, up from 3.53 MT in April 2024.
Growth Driven by Improved Operational Efficiency
The production uptick is being attributed to enhanced mining operations across NMDC’s major projects in Chhattisgarh and Karnataka, alongside favorable weather and stronger demand signals from the domestic steel industry.
The consistent performance also reflects NMDC’s ongoing efforts to modernize equipment, streamline logistics, and reduce operational bottlenecks in key mining zones.
Key Player in India’s Steel Value Chain
NMDC plays a critical role in supporting India’s steel sector, supplying high-grade iron ore to both public and private steel manufacturers. As the country pushes for higher infrastructure spending and industrial growth, iron ore demand is expected to remain resilient.
The miner’s performance will be a key metric in meeting the Indian government’s broader goal of achieving 300 MT of annual steel production capacity in the coming years.
Outlook By LineUP
Industry analysts suggest that NMDC is well-positioned to continue this growth trajectory, provided there is stability in monsoon conditions and sustained demand from the construction and automotive sectors.
The positive numbers for April suggest a strong opening for FY26, setting a solid foundation for meeting its annual production targets and reinforcing its position as a leader in India’s mineral economy.
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