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09 Feb
16:29

NMDC sees production, revenue rise in current fiscal

NMDC’s iron ore production surged 30% on-year to 28.33 million tonnes in April-December 2021, mainly on the back of increased steel production by Indian mills. The nation’s crude steel production grew 20% to 88mt during the period, Kallanish notes. Owing to high demand for iron ore, the state-run miner witnessed a 28% growth in deliveries, totalling 28.28mt in April-December. “This strong performance was achieved on the back of enhanced producti…
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