NMDC Steel Ltd India

Bought NMDC Steel Ltd

About the company

NMDC Steel Limited is a Govt. Company under administrative control of Ministry of Steel, Govt. 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 3.0 MTPA steel plant at Nagarnar, Chhattisgarh.

The Steel plant has been built at a cost of approximately Rs. 24000 crores. 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. The Steel Plant’s competitive advantage also stems from its iron ore supply linkage with Bailadila mines, barely 100 kms. from Nagarnar.

The product mix of Nagarnar Steel Plant consists of low carbon steel, HSLA & Dual Phase Steel and API quality steel that can be rolled in to thickness range from 1mm to 16 mm. With its capability to roll 1650mm wide HR, the Thin Slab caster at Nagarnar Steel Plant is the widest Mill in the public sector. HR Coils, Sheets and Plates coming off India’s latest and most modern mill are expected to meet the growing demand for quality HR required in the manufacture of LPG cylinders, bridges, steel structures, ships, large diameter pipes, storage tanks, boilers, railway wagons and pressure vessels and in construction of tanks, railway cars, bicycle frames, engineering and military equipment and automobile and truck wheels, frames and body parts. The plant will also be producing special type of steels to be used in manufacture of generators, motors, transformers and automobiles at a later stage. The Plant has started the commercial production of final product i.e. HR Coils on 31st August 2023.

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