Author: Nidhi Awasthi

NMDC recorded its output at 2.34 mnt in May’24, a decrease of 33% m-o-m as against 3.48 mnt in Apr’24. Volumes fell lowest since Jul’22. Iron ore sales also dropped by 20% m-o-m to 2.82 mnt in May’24 as against 3.53 mnt in Apr’24. Meanwhile, cumulative production volumes decreased by 19% y-o-y to 5.82 mnt…