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NMDC’s iron ore output grows 3.6% to 11.96 MT in April-July

03 Aug 2021 Evaluate

NMDC’s iron ore production rose by 3.6 per cent to 11.96 million tonne (MT) during the April-July period of the ongoing financial year. The company had produced 8.80 MT of iron ore during the corresponding period of 2020-21. In July 2021, its output rose to 3.06 MT from 2.19 MT in the year-ago month. The company's sales rose to 12.87 MT in April-June 2021 from 8.98 MT in April-June 2020. Its sales in July were at 3.29 MT, higher from 2.57 MT in July 2020.

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 518.00
Sandur Manganese 182.00
GMDC 553.15
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