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01 Jul, 2010

NMDC ups iron ore fines price by 11%, or Rs 300/t

Of about 22 million tones of the iron ore the company dispatches, about 60% is in the form of fines.


Source: DNA Money

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26 Jun, 2010

NMDC, Tata Power in coal mining pact

An agreement with Tata Power was signed in Hyderabad on Friday though the officials of NMDC maintained that this was preliminary.


Source: DNA Money

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10 Jun, 2010

RINL, NMDC in talks to set up pellet plant

Rashtriya Ispat Nigam Limited (RINL), the flagship company of Visakhapatnam Steel Plant (VSP), and NMDC on Wednesday held discussions for setting up a pellet plant through joint venture.


Source: Sify.com

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10 Jun, 2010

RINL, NMDC plan pelletisation plant

The Rashtriya Ispat Nigam Ltd (Visakhapatnam steel plant) and the National Mineral Development Corporation (NMDC) are planning to set up an iron ore pelletisation plant as a joint venture. A meeting was held here in the steel plant on Wednesday


Source: The Hindu Business Line

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09 Jun, 2010

NMDC iron ore mine output down 36%

Two other NMDC officials said shipments were cut starting 5 June as they were only nine rail rakes now in use, compared with 14 rakes a week earlier


Source: Livemint.com

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04 Jun, 2010

NMDC plans Rs 9,200-cr steel plant

The Government-owned NMDC plans to set up a five-million tonne integrated steel plant in Karnataka at an investment of Rs 9,200


Source: The Hindu Business Line

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01 Jun, 2010

Buy NMDC; target of Rs 305: IIFL

IIFL is bullish on NMDC and has recommended buy rating on the stock with a target of Rs 305, in its June 01, 2010 research report.


Source: Moneycontrol.com

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01 Jun, 2010

NMDC sets iron ore export rates at double FY10 benchmark

India's largest iron ore producer, NMDC Ltd, has finalised quarterly contracts with Japanese and South Korean steelmakers at prices up to double the 200910 benchmark, a top official of the company said on Monday.


Source: Moneycontrol.com

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31 May, 2010

NMDC signs deal with S Korea, Japan for double iron ore price

Public sector NMDC on Monday said it has finalised the deal to supply iron ore to Japanese and South Korean steel units at almost double the previous rate. The company had last year agreed to supply iron ore lumps to the steel mills at around $61 a tonne for 2009-10.


Source: The Financial Express

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26 May, 2010

NMDC to double iron ore export prices

NMDC Ltd, India's biggest iron ore miner, aims to double the price for new export contracts from Nippon Steel Corp and POSCO, the Press Trust of India said in the Mint newspaper.


Source: Moneycontrol.com

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