MoneyWorks4Me

NMDC produces 7.18 MT iron ore in Q2FY18

17 Nov 2017 Evaluate

NMDC has reported a record iron ore production of 7.18 million tonnes (MT) during the quarter ending September this year. The production in July-September 2017 was 14% more compared to 6.31 MT of iron ore produced by the company during the same quarter of 2016-17. The sales of iron ore during the said quarter were at 8.30 MT, 3.62% higher from 8.01 MT during the three-month period a year ago.

NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.

Peers
Company Name CMP
Coal India 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
View more..