Home > Steel News > Latest Steel News > India’s...

India’s NMDC reports 2% decline in iron ore output in FY 2022-23

Tuesday, 04 April 2023 10:47:25 (GMT+3)   |   Kolkata

India’s state-run miner NMDC Limited achieved iron ore production of 41.22 million mt in the fiscal year 2022-23, a decline of two percent year on year, a company statement said on Tuesday, April 4.

The company said that, despite the decline in production year on year, during the fourth quarter (January-March) of the fiscal year it recorded iron ore production of 14.29 million mt, the highest-ever quarterly output.   

It said that NMDC used vision enhancement technology to mitigate foggy weather and employed specialized mine liners to prevent jams. Additionally, it utilized water absorbent polymers to reduce the moisture content in the ores, allowing it to maintain production levels despite the monsoon.


Similar articles

India’s NMDC Limited hikes prices of all grades of iron ore for May deliveries

01 May | Scrap & Raw Materials

India’s RINL inks long-term iron ore supply deal with NMDC to achieve operational viability

28 Feb | Steel News

India’s RINL and NMDC ink long-term iron ore supply contract

27 Dec | Steel News

India’s NMDC resumes iron ore supplies to RINL

11 Oct | Steel News

India’s NMDC Limited hikes listed price of iron ore lumps and fines

21 Mar | Scrap & Raw Materials

Indian miner NMDC Ltd sees 54% fall in net profit in Q1 FY 2022-23

10 Aug | Steel News

India’s NMDC sees 33% fall in iron ore output in July

02 Aug | Steel News

India’s NMDC reports 14 percent fall in iron ore production in June

04 Jul | Steel News

India’s state-run NMDC hikes price of iron ore lumps and fines

04 Apr | Scrap & Raw Materials

India’s NMDC Ltd to achieve record iron ore output of 42 million mt in 2021-22

21 Mar | Steel News

Marketplace Offers

DRI
Dimensions:  9 - 16 mm
SUEZ STEEL CO.
HBI
Dimensions:  110 mm
ZISCO TRADING
Lumps
Dimensions:  0 mm
Iron Ore: %62
ZISCO TRADING