India: NMDC’s iron ore production rises by 41% m-o-m in Aug’24

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NMDC recorded its output at 3.07 mnt in Aug’24, up by 41% m-o-m as against 2.17 mnt in Jul’24.
Iron ore sales also rose by 3% m-o-m to 3.14 mnt in Aug’24 as against 3.06 mnt in Jul’24.
However, cumulative production volumes decreased by 13% y-o-y to 14.43 mnt in Apr-Aug’24 as against 16.56 mnt in the same period of last year.

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