India's largest iron ore miner, NMDC, experienced a 37% decrease in iron ore production and a 22% decline in sales in May 2024.
India's largest iron ore miner, NMDC, has reported a 37% decline in its iron ore production in May 2024, with output dropping to 2.34 million tonnes from 3.71 million tonnes in May last year. The company's monthly sales also fell by 22% to 2.82 million tonnes from 3.62 million tonnes in May 2023. NMDC caters to approximately 20% of India's iron ore demand under the Ministry of Steel.
June 02, 2024
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