19
Jan
14:06
NMDC denies China iron ore export request
NMDC does not intend to export iron ore to China amid “historic high” demand in the domestic Indian market, the miner says.
It was responding to earlier press reports citing sources as saying the Indian government had rejected an NMDC request to permit direct iron ore exports to China, whose iron ore imports hit a record-high 1.18 billion tonnes in 2023. The firm continues to auction its ore locally, with private exporters selling the ore to China.
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Anonymous
Very good overview of the weekly steel market.
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