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NMDC records increase in iron ore production and sales

NMDC, the iron ore producer affiliated with India's Ministry of Steel, announced that they recorded a significant increase in iron ore production and sales in the April-October period of the current fiscal year.

NMDC records increase in iron ore production and sales

Compared to the previous year's iron ore production of 19.71 million tonnes, NMDC recorded an increase of 19%. It also showed a significant increase in sales, reaching 23.99 million tons; This figure represents an increase of 23.40% compared to 19.44 million tons recorded in the same period of the previous year.

In October, NMDC produced 3.92 million tons of iron ore, exceeding 3.53 million tons compared to the same month of the previous year. Iron ore sales in October increased to 3.44 million tons from 3.09 million tons in the same period of the previous year.

NMDC's contribution to nearly 20% of India's iron ore demand highlights its critical role in the country's iron ore production.

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