India to face domestic supply shortage of 50 million tons of iron ore next year
2019-10-24 14:57:23 [Print]
Most iron ore leases in India will expire on March 31, 2020, and the Indian steel industry is worried that there will be a shortage of raw materials at that time, which will lead to a crisis in this industry.
The Indian Union Steel Department has reported that India will face a domestic supply shortage of about 50 million tons of iron ore in 2020-2021, which will have an adverse impact on the Indian steel industry. Therefore, steel producers are seeking government help to ensure a stable supply of raw materials. At the same time, most major steel producers have already reported to the state government and asked the government to pay attention to the supply of raw materials.
The Indian Union Steel Department has reported that India will face a domestic supply shortage of about 50 million tons of iron ore in 2020-2021, which will have an adverse impact on the Indian steel industry. Therefore, steel producers are seeking government help to ensure a stable supply of raw materials. At the same time, most major steel producers have already reported to the state government and asked the government to pay attention to the supply of raw materials.
