HYDERABAD. NMDC reported June iron ore production rose 44% to 5.15 million tonnes compared to 3.57 MT a year earlier, while sales increased to 3.98 MT (3.58 MT).
For the quarter ended June, the company produced 15.10 MT, registering a 26% year-on-year increase. Sales stood at 11.75 MT, marking a 2% y-o-y rise. It was the highest-ever first-quarter production and sales since inception and strengthens its position in India’s steel value chain, the largest iron ore producer in the country said.
