Tag: india Iron Ore Imports

Indian iron ore imports for the fiscal FY’21 was recorded at 0.38 mn t, dropping significantly by 68% as against 1.21 mn t in FY’20. Why Indian iron ore imports fell in FY’21? Costlier imports:The yearly average global iron ore fines (Fe 62%) prices increased to $126/t CFR China in FY’21 as against $95/t CFR…