NMDC's iron ore output, sales rise YoY in February

National Mineral Development Corporation Limited (NMDC), India's largest state-owned iron ore producer, produced 5.35 million tonnes of iron ore output in February 2026, down by 3.8% on month but higher by a marked 15.8% on year, according to the company's latest monthly production and sales statement.

Meanwhile, NMDC's iron ore sales slipped by 4% from January to 4.6 million tonnes in February, but the volume was 15.6% higher compared with the same month last year. The February results meant that for the first 11 months of India's current fiscal year that began last April, NMDC's iron