12,668.52 TRY BIST 100 BIST 100
6.23 CNY CNY CNY
50.12 EUR EUR EUR
43.27 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
36.45 TRY Interest Interest
64.11 USD Fossil Oil Fossil Oil
5.91 USD Copper Copper
129.98 USD Silver Silver
106.07 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,497.14 TRY Gold (gr) Gold (gr)
106.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

NMDC closes fiscal year 2024-25 strong with record sales

NMDC, one of India's largest iron ore producers, ended the 2024-25 fiscal year with production of 44.04 million tons and sales of 44.4 million tons.

NMDC closes fiscal year 2024-25 strong with record sales

NMDC Limited, one of India's largest companies, reached a record high with sales of 4.21 million tons in March 2025, an increase of 6% compared to the same period last year. The company's March production was 3.55 million tons.

In the last quarter (Q4 FY25), NMDC produced 13.27 million tons and sold 12.66 million tons, the highest quarterly sales performance in its history. Sales increased compared to both the previous quarter and the same period of 2024.

As part of its strategic growth plans, the company also realized its highest annual capital expenditure (CAPEX) to date: INR 3,707 crore (about USD 432,929).

“As we enter FY26, we are one step closer to increasing our production capacity to 100 million tons by 2030,” stated Shri Amitava Mukherjee, Chairman of NMDC, noting that demand for iron ore in India is rising with a decline in exports and an increase in commercial mining.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

The Aegean Mining Exporters' Association:We aim for exports of USD 1.5 billion in 2026 and over USD 2 billion in 2030

Monday, January 19, 2026

Gökhan Sığın became the new CEO of Vestel

Monday, January 19, 2026

Russian ferrous scrap market remains at a low point

Monday, January 19, 2026

Dutch nail producer moves manufacturing operations to Türkiye

Monday, January 19, 2026

EU approves Germany’s EUR 200 million hydrogen support in Canada

Monday, January 19, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now