NMDC – Best month ever was February with jump in production
NMDC – Best month ever – For the month of February 2022, the country’s largest iron ore producer, NMDC, reported output of 4.31 MT and sales of 3.97 MT of iron ore. This is an 11.7 percent increase in output and a 22.2 percent increase in sales over the CPLY, the greatest production and sales figures for any February in the company’s history.
For the first eleven months of FY22, up to February 2022, total production and sales were 37.18 MT and 36.57 MT, respectively, representing a 26 percent increase in production and a 25.5 percent increase in sales over the same period last year. These are also the finest 11 months of physical performance in NMDC’s history.
“With an astounding performance this month, NMDC remains an iron and steel powerhouse, and this achievement is attributed to all the stakeholders of the firm,” NMDC CMD Shri Sumit Deb remarked, congratulating the NMDC team on yet another excellent performance. This great performance reaffirms our determination to continue to expand.
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