India's iron ore import dependency to increase
Submitted by daya on Wed, 2013-01-23 14:28
Steel industry expects availability to fall further in 2013-14, no exports recorded since November
The severe shortage in iron ore supplies from Karnataka and Goa, where mining was stopped following a Supreme Court directive, and the cap on production in Odisha have led to India becoming a net importer of iron ore this financial year. Till 2011, India was the third-largest exporter of iron ore.
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External URL:
http://www.business-standard.com/india/news/indias-iron-ore-import-dependency-to-increase/499640/
Publication Date:
23/01/2013