NMDC's iron ore production falls 11% to 2.17 MT in July 
News Updates

NMDC's iron ore production falls 11% to 2.17 MT in July

NMDC on Thursday reported an 11 percent year-on-year fall in production at 2.17 million tonnes in July

PTI

New Delhi: Country's largest iron ore miner NMDC on Thursday reported an 11 percent year-on-year fall in production at 2.17 million tonnes in July.

The company had produced 2.44 MT of iron ore in the corresponding month of previous fiscal, NMDC said in a filing to BSE.

PSU Watch is now on Whatsapp Channels. Click here to join

Sales in the reporting month rose to 3.06 MT from 2.91 MT a year ago.

NMDC's cumulative iron ore output in the April-July period dropped to 11.36 MT from 13.15 MT in the corresponding period of previous fiscal.

Sales during the said period rose to 13.15 MT compared to 13.13 MT in the year-ago period.

Also read:Steel Secretary visits NMDC’s new state-of-the-art R&D Centre

Hyderabad-based NMDC caters to around 20 percent demand for the key steel-making raw material in the country.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Also Read

BEML supplies mission-critical aerospace structures for ISRO’s LVM3-M6 launch

Reddy reviews rehabilitation work under Revised Jharia Master Plan

Navi Mumbai International Airport to start commercial flight operations on Thursday

RBI postpones 2nd phase of quicker cheque clearing mechanism

ISRO launches heaviest satellite with successful LVM3-M6 mission