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NMDC Steel

NMDC Steel

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Highlights

Performing rate for the company

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Profit & Loss ( Figures in Rs. Crores.)

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Balance Sheet ( Figures in Rs. Crores.)

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Cash Flows ( Figures in Rs. Crores.)

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Historical Growths

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Major Shareholders

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Shareholders more than 1%

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Documents

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Overview

NMDC Steel is a Government Company under administrative control of Ministry of Steel, Government of India. The shares of the company are listed on BSE, NSE and Calcutta Stock Exchange. The company owns and operates the state-of-the-art steel plant at Nagarnar, Chhattisgarh. Developed as a strategic initiative of the Government of India, the plant enhances the country’s domestic steel production and reduces reliance on imports.

The Plant is set to establish its mark in the Hot Rolled market with its repertoire of high grade Hot Rolled steel that is slated to meet the requirements of several key consuming sectors on the strength of its technology that includes its most modern Mill. Strategically situated near the rich Bailadila iron ore reserve, the facility benefits from a reliable and high-quality raw-material source. Since commissioning, the company has steadily ramped up operations and begun supplying premium-grade steel to critical sectors such as infrastructure, mobility, energy and engineering.

Located at the Centre of the country, with rail/road connectivity with Raipur, Visakhapatnam and other prominent cities, NMDC Steel is well positioned to meet industrial demand across India. Guided by its aim of purposeful growth, the company is enabling industrial development, while supporting livelihoods and building a stronger, more resilient nation.

Business area of the company 

NMDC Steel is a listed Central Public Sector Undertaking (CPSU) under Ministry of Steel, Government of India. Among the major players in the Indian steel sector, the organisation is engaged in the production of quality steel and adding to the country’s manufacturing potential.

Products

  • Hot Rolled Coils
  • Hot Rolled Sheets
  • Hot Rolled Plates

History and milestones

  • 2015: NMDC Steel was established on January 2, 2015, as a wholly owned subsidiary of NMDC, with a mandate to build a 3.0 MTPA integrated steel plant at Nagarnar, Chhattisgarh.
  • 2021: April 1, 2021, was the appointed date for the demerger of NMDC’s Nagarnar Iron & Steel Plant into NMDC Steel.
  • 2022: Vide Order dated October 6, 2022, the Ministry of Corporate Affairs approved the demerger, officially vesting the Steel Plant into NMDC Steel. The demerger came into effect on October 13, 2022.
  • 2022: The company commissioned its first coke oven battery, marking the beginning of the sequential commissioning of major production units.
  • 2023: The second coke oven battery was brought online, enhancing in-house coke production capacity.
  • 2023: On August 15, 2023, the company inaugurated its 4,506 m³ blast furnace with a daily capacity of 9,500 Tonnes of hot metal.
  • 2023: Hot-rolled coil production began on August 31, 2023.
  • 2023: On October 3, 2023, the Nagarnar Steel Plant was formally dedicated to the Nation.
  • 2024-25: The company completed its first full year of operations, achieving significant production ramp-up across all core units.

Brands Of NMDC Steel

Brands Of NMDC Steel

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