India iron ore imports hit record 6.8 mln tonnes as prices fall

India`s iron ore imports rose to a record 6.76 million tonnes in the first seven months of its fiscal year as sliding global prices and limited supply at home pushed steel producers to buy the raw material overseas, industry data showed on Friday.

India's iron ore exports down 28% to 11.17 MT in Apr-Dec

India's iron ore exports have gone down by 28.16 percent during April-December of the current fiscal to 11.17 million tonnes (MT) as gloom continues over the sector due to the present regulatory scenario, mineral industries body FIMI said today.

India likely to import 15 mn tonnes iron ore this fiscal: Fimi

"If the current trend (of scarcity) continues, then we may import around 15 MT iron ore in the current financial year," Federation of Indian Mineral Industries (Fimi) Vice-President Basant Poddar said.