Latest News | NMDC's Iron Ore Production Rises 5% to 4.71 MT in Dec

New Delhi, Jan 1 (PTI) State-owned NMDC on Wednesday said its iron ore production increased by 5.1 per cent to 4.71 million tonne (MT) in December.

The output was 4.48 MT in the corresponding month of previous fiscal, NMDC said in a filing to BSE.

Also Read | What Is Jumped Deposit Scam? Here's How To Protect Yourself From New Online Fraud That Targets UPI Users.

However, last month's sales dropped to 3.91 MT from 4.19 MT a year ago. The production and sales figures are provisional.

Hyderabad-based NMDC, under Ministry of Steel, is the country's largest iron ore mining company.

Also Read | 7th Pay Commission: When Will Next DA Hike Be Announced? Know How Much Salary Hike Central Govt Employees Can Expect.

NMDC alone caters around 20 per cent to the country's demand for the key steel-making raw material.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)