NMDC’s production stood at 25.04 million tons (mt) during April-February, 2016 while its sales during the period stood at 25.86 mt.
The largest iron ore producer’s volume of production during April-December, 2015 stood at 20.08 mt while sales during the period stood at 20.32 mt. Hence, production and sales increased 24.70% and 27.26% respectively in the last two months of January and February.
The company’s production rose just 1% to 30.4 mt in the last fiscal ended March, 2015 against the year-ago period, while sales registered a marginal increase to 30.5 mt during the same period.