National Mineral Development Corporation (NMDC) — India’s largest iron ore producer recorded a drop of 17% in its monthly iron ore production in Jul’17.
The miner produced 2.41 MnT iron ore in July against 2.89 MnT in Jun’17. NMDC iron ore production from Chhattisgarh fell 27% M—o-M and that from Karnataka increased marginally 2% in July. However on yearly premises (i.e compared to Jul’16), production is up by 26%.
So far in FY18 (till July) NMDC produced 10.93 MnT iron ore, up 14% Y—o—Y.
Out of 10.93 MnT iron ore produced, 6.86 MnT was produced from NMDC’s Bailadila mines in Chhattisgarh. And rest 4.07 MnT was produced from its mines in Karnataka.
Source Steel Mint powered by Keyvan Jafari Tehrani
