India is the world’s 4th largest iron ore producer. According to the recently released data by Ministry of Mines, Govt. of India, the country produced 16 MnT iron ore in May’17 which was 14% lower compared to the production of 18.5 MnT in Apr’17.
Indian iron ore production was down by 4% Y-o-Y as well compared to the numbers of May’16 where the iron ore production stood at 16.6 MnT.
Odisha’s Iron Ore Output Down in May’17
Odisha is India’s largest iron ore producing state which contributes to 50% in country’s ore output. Odisha’s iron ore production was down at 8.81 MnT in May’17 against 9.06 MnT in Apr’17. According to provisional data of Odisha govt maintained with SteelMint, the output (comprising of lump, fines & concentrate) was down by 3% in May’17.
NMDC’s Iron Ore Production Down 11% in May’17
Iron ore production by India’s single largest iron ore producer-National Mineral Development Corporation (NMDC) was recorded at 2.65 MnT in May’17 against 2.98 MnT in Apr’17. The production by the miner was down by 5% Y-o-Y as well compared to May’16.
Leave a Reply