COMMODITY
India’s iron ore production rises 9% in April-July period of FY 2024-25
Sep-02-2024

India’s iron ore production stood at 98 million metric tonne (MMT) in April-July period of FY 2024-25 as compared to 90 MMT in April-July period of FY 2023-24, showing 8.9% growth. Limestone production rose from 149 MMT in FY 2023-24 (April-July) to 150 MMT in FY 2024-25 (April-July), with 0.7% growth. Production of manganese ore has jumped by 18.2% from 1.1 MMT to 1.3 MMT in FY 2024-25 (April-July) over corresponding period of previous year.

In the non-ferrous metal sector, primary aluminium production in FY 2024-25 (April-July) posted a growth of 1.3% over the corresponding period last year, increasing to 13.95 lakh tonne (LT) in FY 2024-25 (April-July) from 13.77 LT in FY 2023-24 (April-July).

In FY 2024-25 (April-June), Iron ore production stood at 79 MMT, while limestone production was 116 MMT for the same period, after reaching record production levels in FY 2023-24.

India is the 2nd largest Aluminium producer, 3rd largest lime producer and 4th largest iron ore producer in the world. Continued growth in production of iron ore and limestone in the current financial year reflects the robust demand conditions in the user industries viz. steel and cement. Coupled with growth in Aluminium, these growth trends point towards continued strong economic activity in user sectors such as energy, infrastructure, construction, automotive and machinery.


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