Continuing the downward trend reported by SteelOrbis on June 5 for the April-May period, according to iron ore production data for NMDC, iron ore production has decreased 19.4 percent in the first quarter of fiscal year 2019 (April, May, and June 2018) when compared to the same quarter a year ago when it produced 8.52 million mt. The 6.87 million mt is also lower than the iron ore produced in Q1 of fiscal year 2017 when it produced 7.63 million mt.
|
Million mt, Fiscal Year (FY) |
|
|
|
|
|
Q4 FY2018: |
Q4 FY 2017: |
|
|
January |
3.64 |
3.62 |
|
|
February |
3.45 |
3.23 |
|
|
March |
4.18 |
3.70 |
|
|
Total |
11.27 |
10.55 |
|
|
|
Q1 FY 2019: |
Q1 FY 2018: |
Q1 FY 2017: |
|
April |
2.41 |
2.98 |
2.2 |
|
May |
2.12 |
2.65 |
2.79 |
|
June |
2.34 |
2.89 |
2.64 |
|
Total |
6.87 |
8.52 |
7.63 |