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India may have to start importing iron ore soon: SteelMin

Last Updated: Sunday, November 24, 2013, 16:21

The Steel Ministry is of the view that India will have to import iron ore in the immediate future to meet significantly increasing demand from domestic companies.

India set to become net iron ore importer this fiscal: FIMI

Last Updated: Tuesday, July 30, 2013, 18:17

India is all set to become a net importer of iron ore in the current fiscal on dipping exports following lower production due to mining ban in some states and higher duties, Federation of Indian Mineral Industries (FIMI) on Tuesday said.

India likely to depend on iron ore imports for domestic needs

Last Updated: Tuesday, December 11, 2012, 20:57

India may have to depend on imports to meet its domestic requirements of iron ore for next 2-3 years as mining activity is yet to start in some parts of the country, according to Ore Team, a steel and steel making commodities research house.

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

Last Updated: Friday, November 30, 2012, 22:18

"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.

Assocham asks govt to scrap 2.5% import duty on iron ore

Last Updated: Wednesday, February 01, 2012, 17:32

Industry body Assocham on Wednesday urged the government to remove the 2.5 percent import duty on iron ore lumps, fines and pellets to boost supply of these raw materials to the domestic steel industry.