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  • India’s Iron Ore Import hits record High; may touch 9-11 MnT

    India’s Iron Ore Import hits record High; may touch 9-11 MnT

    India’s Iron ore imports hit highest ever at 5 MnT in Apr-Oct’14 and may touch 9-11 MnT this fiscal year, according to SteelMint. In Oct’14 alone, imports have increased to 2.2 MnT from 0.8 MnT in Sep’14. While, another 1.4 MnT is expected till 25 Nov, 2014. JSW Steel, India’s major Iron ore importer and having largest crude steel capacity of 14.3 MnT pa, bought…