28
Jul
01:00
India iron ore exports to Japan, Korea to reach 16.5mt
India’s government expects to earn around $311 million/year at current prices from the renewal of long-term agreements to supply high grade iron ore to Japanese and South Korean steelmakers.
India’s cabinet approved in June the export of National Mineral Development Corporation (NMDC) iron ore, which will be done through state-owned trading firm MMTC (see Kallanish 26 June). A total of 16.5 million tonnes of the raw material is expected to be sup…
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Anonymous
Very good overview of the weekly steel market.
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