Tag: Iron ore inventory
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Is Indian market likely to face iron ore shortage? Let’s do the math
Iron ore demand to rise 12% y-o-y in FY’24 Domestic demand, exports to outstrip production growth Imports may rise sharply. Will trend persist? Morning Brief: India – perhaps the lone bright spot on the global steel map – is likely to witness its production of crude steel increasing by roughly 11% y-o-y to 142 million…