Odisha’s iron ore production has dropped by over 30% post-the export tax imposition, SteelMint’s data reveals. From January-May (before duty imposition), the average production was about 13 million tonnes (mnt) per month, which dropped to about 8.5 mnt/month in June-September. Also, the state’s iron ore production is slated to drop to a one-year low of 7.40 mnt in September 2022, as per SteelMint’s estimates. Such levels (7.4 mnt) were last seen in September 2021. Odisha is the largest iron ore producing state in India’s, contributing over 50% of the total output. Over January-September, Odisha’s total iron ore output is likely to touch 100 mnt and over April-September, around 63 mnt.
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