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Steelmakers without captive mines seek a ban on iron ore exports to safeguard their industry, while iron ore producers oppose this move. Primary steel producers advocate for import restrictions on finished steel products to protect domestic steel production. The Indian Steel Association emphasizes the need to curb imports to maintain self-sufficiency in steel. ....
Smaller steelmakers in India seek a ban on iron ore exports after a 170% surge in sales to Chinese mills inflated local prices. Fearing industry shutdowns, lobby groups from major manufacturing states request government restrictions. Second-tier producers, constituting 40% of national output, face higher input costs than top mills. Any export limits could support iron ore prices ....
Steelmakers without captive mines seek a ban on iron ore exports to safeguard their industry, while iron ore producers oppose this move. Primary steel producers advocate for import restrictions on finished steel products to protect domestic steel production. The Indian Steel Association emphasizes the need to curb imports to maintain self-sufficiency in steel. ....