Despite Indian crude steel production surging by 6% in 2022, Indian state owned iron ore giant NMDC has reported 9% YoY shrinkage in iron ore sales in January & April-January period-------------------------------Production January 2023Chhattisgarh - 2.97 million tonne, down by 13% YoYKarnataka - 1.23 million tonne, up by 8% YoYTotal - 4.2 million tonne, down by 8% YoY------------------------Sales January 2023Chhattisgarh - 2.73 million tonne, down by 5% YoYKarnataka - 1.11 million tonne, down by 18% YoYTotal - 3.84 million tonne, down by 9% YoY-------------------------------------Production April-January 2023Chhattisgarh - 21.94 million tonne, down by 5% YoYKarnataka - 9.2 million tonne, down by 7% YoYTotal - 31.14 million tonne, down by 5% YoY------------------------------Sales April-January 2023Chhattisgarh - 20.89 million tonne, down by 11% YoYKarnataka - 8.75 million tonne, down by 4% YoYTotal - 29.64 million tonne, down by 9% YoY
Despite Indian crude steel production surging by 6% in 2022, Indian state owned iron ore giant NMDC has reported 9% YoY shrinkage in iron ore sales in January & April-January period-------------------------------Production January 2023Chhattisgarh - 2.97 million tonne, down by 13% YoYKarnataka - 1.23 million tonne, up by 8% YoYTotal - 4.2 million tonne, down by 8% YoY------------------------Sales January 2023Chhattisgarh - 2.73 million tonne, down by 5% YoYKarnataka - 1.11 million tonne, down by 18% YoYTotal - 3.84 million tonne, down by 9% YoY-------------------------------------Production April-January 2023Chhattisgarh - 21.94 million tonne, down by 5% YoYKarnataka - 9.2 million tonne, down by 7% YoYTotal - 31.14 million tonne, down by 5% YoY------------------------------Sales April-January 2023Chhattisgarh - 20.89 million tonne, down by 11% YoYKarnataka - 8.75 million tonne, down by 4% YoYTotal - 29.64 million tonne, down by 9% YoY