Tag: Iron Ore Import
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India: Iron ore imports rise by 7% y-o-y in CY’24 on domestic supply concerns, fluctuating global prices
Tight supply, price fluctuations support imports Australia remains largest supplier India’s iron ore imports reached 5.32 million tonnes (mnt) in CY’24. Volumes witnessed an increase of around 7% y-o-y against 4.98 mnt in CY’23 driven by factors such as rising domestic demand, supply constraints from key mining regions, and fluctuations in global iron ore prices.…