NMDC has recorded a sharp rise in overall production and sales in July 2020 as compared to the corresponding period in July 2019. During this period, despite the current uncertain situation due to COVID19, the company has been able to achieve excellent physical performance through its continual push towards higher volumes which saw production of 2.19 million tones (MT) and sales 2.57 MT that grew by 13% and 7% over the corresponding period last year, respectively.
In July 2020, the Chhattisgarh Projects registered a production of 1.56 MT as compared to the total production of 1.16 MT in the corresponding month last year, an increase of 35% in production. NMDC also achieved record sales in July 2020 by selling 1.90 MT of Iron ore in July 2020 against 1.60 MT in July 2019, which is 20% higher than the previous year.
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.
