India: NMDC’s iron ore production drops 2% y-o-y in FY’25

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NMDC’s monthly iron ore production from Chhattisgarh and Karnataka stood at 3.55 mnt in Mar’25, down 27% from 4.86 mnt in the same month of last year owing to wage settlement disputes and strikes.
Cumulative production saw a slight 2% decrease in FY’25, reaching 44.04 mnt, compared to 45.02 mnt in FY’24.
Iron ore sales inched down to 44.40 mnt in FY’25, from 44.48 mnt in FY’24.

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