The iron ore manufacturing in April-February interval of the present fiscal rose by 4.4 per cent to 263 million tonne (MT).
Within the year-ago interval, the manufacturing was 252 MT, the Mines Ministry stated in a press release.
The manufacturing of iron ore was 274 MT in 2023-24. Iron ore accounts for 70 per cent of the whole mineral manufacturing by worth.
Manganese ore manufacturing elevated 12.8 per cent to three.4 MT in April-February FY25 from 3 MT throughout the corresponding interval of earlier 12 months.
Bauxite output rose by 3.6 per cent to 22.7 MT within the interval from 21.9 MT a 12 months in the past.
Within the non-ferrous steel sector, major aluminium manufacturing in April- February FY25 rose 0.9 per cent over the corresponding interval final 12 months. India is the second largest aluminium producer, amongst high ten producers in refined copper and fourth largest iron ore producer on this planet.
Associated Tales
Trump’s tariff battle meets EU’s revised CBAM: India seeks benefit amid new carbon commerce guidelines
Discussions or stakeholder solutions have been sought with Ministries like Metal and Commerce reaching out to commerce our bodies for solutions and analysing affect.
Continued progress in manufacturing of iron ore within the present monetary 12 months displays the sturdy demand situations within the consumer trade viz. metal. Coupled with progress in aluminium and copper, these progress developments level in the direction of continued robust financial exercise in consumer sectors reminiscent of power, infrastructure, building, automotive and equipment, the assertion stated.