India’s Top 6 Iron Ore Miners In FY’21

In financial year 2020-21 (FY’21), production of India’s top 5 iron ore miners jumped substantially compared to FY’20. Production from government-owned mineral producer National Mineral Development Corporation (NMDC) increased 8% y-o-y to 34.1 million tonnes (mn t) in FY’21. Tata Steel became the second-largest iron ore miner with around 30.8 mn t in FY’21 while government-owned Steel Authority of India Limited (SAIL) managed to secure the third spot with 30.5 mn t. It is to be noted that production of Tata Steel jumped 16% y-o-y, while that of SAIL, by 4% y-o-y in FY’21.