Model sales volume of 28 MT for FY21E, 35 MT for FY22E For FY20, NMDC's production volume was at 31.48 MT, down 3% YoY (32.36 MT for FY19) while sales volume was also at 31.51 MT, down 3% YoY (32.36 MT for FY19). Going forward, we model sales volume of 28 MT for FY21E (downward revised from 35 MT earlier). We also introduce FY22E sales volume estimate at 35 MT. April-May cumulative production down 31%, sales down 35% NMDC started FY21 on a subdued note. For April-May 2020, production...