NMDC iron ore output in June at 6.87 MT

NMDC iron ore output in June at 6.87 MT

10th july 2018

State-owned NMDC said it produced 6.87 million tonne (MT) iron ore in the month of June. While the output from Chhattisgarh mines stood at 4.78 MT, mines in Karnataka produced 2.09 MT iron ore, it said.
The company sold 6.84 MT iron ore during the month.
On June 26, NMDC had said the prices of its lump ore and fines will continue to be at Rs 3,050 a tonne and Rs 2,660 a tonne, respectively, for about a month.
The state-run PSU had raised the price of lump ore by Rs 150 to Rs 3,050 per tonne on May 23.
The rate of fines was also hiked by Rs 100 to Rs 2,660 per tonne.
Iron ore is the main ingredient used in making steel. NMDC is India’s single largest iron ore producer, presently producing about 30 MT of iron ore from three fully mechanised mines.
The company is involved in the exploration of wide range of minerals, including iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands etc.
Source: PTI