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01 Aug

NMDC’s July production, deliveries increase

NMDC’s iron ore output increased 19% on-year to 2.44 million tonnes in July against 2.05mt produced a year earlier. However, production plunged 30% on-month versus 3.48mt in June. Deliveries grew marginally, by 3% on-year to 3.03mt during the period, Kallanish notes. NMDC’s Chhattisgarh mine production rose 32% in July to 1.48mt, against 1.12mt produced last year. Sales grew 34% to 1.85mt. Karnataka-based mine production grew 3% on-year to 0…
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Sayed Aameer  |  India
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