Tag: NMDC Rake movement
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India: NMDC’s iron ore rake movements hit by heavy rainfall in Chhattisgarh
Heavy rainfall and flood-like conditions have significantly disrupted iron ore supplies from southern Chhattisgarh. NMDC’s railway line operations have also been impacted leading to difficulties in loading rakes. According to BigMint data, NMDC’s iron ore rake movements were recorded at around 294 in Jul’24 (up to 26 Jul), a 38% decline compared to 471 rakes…