Tag: nmdc rake movement in feb’24

India: NMDC’s iron ore rake movements from Chhattisgarh fall 9% m-o-m in Feb’24

Mar 4, 2024

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by

Nikita Shukla

in Fines/Lumps

In February 2024, the National Mineral Development Corporation (NMDC), India’s largest iron ore miner, shipped 477 rakes, equivalent to 1.84 million tonnes (mnt) of iron ore from Chhattisgarh. This denotes a 9% decrease compared to the 526 rakes (2.02 mnt) recorded in January. Notably, reduction in rake movement is due to the steel players having…