A study by the Competition Commission of India (CCI) has highlighted the potential for competition concerns in the iron ore market in India. The study, which focused on the mining sector, found that differential pricing of iron ore from captive mines could create entry barriers and disrupt efficient production.
State-owned miner NMDC Ltd reported a 9.8% increase in iron ore production to 3 million tonnes in September, compared to 2.73 million tonnes in the same period last year. Sales also increased to 3.11 million tonnes from 2.91 million tonnes. NMDC s iron ore production for the April-September period rose to 19.56 million tonnes, up from 16.18 million tonnes in the corresponding period of the previous fiscal year.
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