ndian steel output to heat up iron ore price
GROWING steel production in India threatens to further increase iron ore prices if the country does not ramp up mining output to cover both rising domestic and international demand.
India’s steel production grew 4% last year as output climbed to 60.2m tonnes, one of only a handful of nations to experience positive growth in the sector.
At the same time, Indian iron ore exports climbed to a record...
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