13
Aug
13:45
NMDC’s iron ore output, sales, profit grow
Indian iron ore miner NMDC’s output rose 35% on-year to 8.91 million tonnes in the first fiscal quarter through June and sales grew 51% to 9.45mt, Kallanish notes.
“The rise in sales comes on the back of robust domestic demand and peaking of international iron ore prices, makes this the best Q1 for NMDC since the company’s inception,” says NMDC.
NMDC’s Kirandul complex mine’s output was registered at 3.22mt in FQ1 and Bacheli c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous