India: NMDC’s iron ore output falls 12% y-o-y during Apr-Aug’20

NMDC’s iron ore production in the month of Aug’20 stood at 1.62 mn t, down 26% m-o-m. Heavy rains hampered iron ore output, SteelMint learned from sources. The company’s cumulative iron ore production stood at 10.42 mn t during Apr-Aug’20, lower by 12% CPLY, the company mentioned in a press release.