NMDC said it signed a Memorandum of Understanding for mineral projects in Zimbabwe. NMDC is India's single largest iron ore producer, presently producing about 30 million tonne of iron ore from three fully mechanised mines viz, Bailadila Deposit-14/11C
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Steeled for Success
In 2010, India was the world's fifth largest producer of crude steel, with domestic production growing at a rate of 9.5 per cent between 2000 and 2010. Even in 2010, the steel sector witnessed steady growth and exceeded the pre-crisis level.