Tag: India steel industry raw material security
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India’s iron ore EC capacity rises over 10% in FY’26, utilisation drops on surging mining costs
Captive utilisation falls 4 percentage points as production remains flat y-o-y High auction premiums, taxes and complex regulations slow mine development Data Deep Dive: India’s iron ore mining capacity continued to rise in FY’26, but production growth lagged behind. This suggests that India’s immediate challenge is not resource availability but the pace at which approved mining capacity…