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Indian government rejects proposal of NMDC Limited to export iron ore to China-锻造展-2024年第二十四届广州国际锻造工业展览会-2024 China(Guangzhou) Int'l Forging Industry Exhibition
1/22/2024 锻造展-forging expo-forging exhibition--forging event |
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The lndian government has rejected a proposal submitted by state-run miner NMDC Limited to export iron ore toChina, government sources said on Thursday, January 18.The sources said that NMDC Limited has been asked to serve the domestic market adequately and not focus onexports of the critical raw material for steelmaking.China accounts for around 80 percent of all iron ore exported from India.
NMDC Limited. however, continues to export iron ore to Japan and South Korea under long-term supply agreementssigned on a government-to-government bilateral basis.
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