NMDC Board Approves Demerger of Steel Business

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State-owned NMDC said its board has approved the de-merger of NMDC Steel Limited.

However, the company said that the exports were impacted by logistical challenges posed by adverse weather conditions leading to congestion at ports.

In June alone, it produced 1.37 MT, up 18 per cent from 1.16 MT in the same month of 2020.