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· GlobalData predicts India''s iron ore exports will decline by 25% in 2020, while China''s production of the material will fall by 3% over the same period Whiteside believes the "solution for mining" is consistent across all metals and that is "electrification" (Credit
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· China''s purchases of iron ore from India rocketed to an eight-year high in the first half of 2020, fueled by supply shocks at major producers and record steel output at the world''s largest steelmaker. Shipments of the raw material from India more than doubled to 20 million tons in the six months through June from a year earlier, according ...
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Iron ore export to China destabilises steel production in India
· About 90 per cent of the export goes to China. The country, which is the world''s largest steel producer, imported 20.28 MT of iron ore from India in the first four months compared to 12.24 MT in ...
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· China''s purchases of iron ore from India rocketed to an eight-year high in the first half of 2020, fueled by supply shocks at major producers and record steel output at the world''s largest steelmaker. China relies heavily on imported iron ore to fulfill more than two-thirds ...
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