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12 Nov
12:57

NMDC posts rise in iron-ore output

NMDC iron ore production surged 56% on-year to 8.77 million tonnes in the September quarter against 5.64mt produced a year earlier. Deliveries grew 36% to 8.98mt against 6.60mt during the period. “The demand for iron and steel has witnessed a boom in the emerging markets,” says NMDC managing director Sumit Deb. “Our exceptional quarter is a result of our agile response to the demand. We continue to focus on capacity expansion initiatives and enfo…
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