Tag: India Iron ore Import

Indian Iron Ore Imports Plunge 90% Y-o-Y on High Global Prices & Increased Domestic Supplies

Apr 6, 2020

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by

Monika Bajaj

in Fines/Lumps

Indian iron ore imports for the fiscal FY’20 was recorded at 1.21 MnT. The imports have dropped significantly by 90% as against 12.36 MnT in FY’19. Why Indian iron ore imports fell in FY ’20? High import prices The spot iron ore fines price for the year FY’20 increased to USD 95.5/MT, CFR China as…