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02 Jun
10:45

NMDC sees May production rise, deliveries plunge

NMDC’s iron ore output grew 15% on-year to 3.2 million tonnes in May, against 2.79mt produced a year earlier. Deliveries, however, plunged 20% to 2.65mt, Kallanish notes. “Our consistent growth in production has not only made NMDC the fastest-growing iron ore mining company in India but also the most consistent supplier to the domestic steel sector,” says NMDC chairman Sumit Deb. “We have strengthened our core by welcoming a fleet of new-ag…
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