Tag: Iron Ore Import
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India: Iron ore imports touch 5-year high in FY’24 amid record high crude steel production
Lower gangue content in imported ore, logistic issues encouraged imports Imports to remain supported amid higher crude steel production targets India’s imports of iron ore hit a five-year high of 5.31 million tonnes (mnt) in financial year 2023-24 (FY’24) compared to around 2.3 mnt in FY’23 – a huge increase of about 131% y-o-y, as…