Country Report
India iron ore supply summary: from top three exporter to top three net importer?
Report summary
The current version of the India iron ore supply summary looks into mine-wise production of iron ore from the key 11 iron ore miners in India. And we also seek to answer the question – can India transition from a top-three exporter of iron ore to potentially a significant importer over the long term? India exported more than 50% of its iron ore production in 2010. But restrictions imposed by the Supreme Court on illegal mining reduced exports. The Indian government also took several steps to conserve ores for the growing domestic steel industry. And in recent years, price arbitrage has opened up doors for the seaborne imports as well. We seek to answer whether India will be able to sustain its domestic production over the long term overcoming environmental, forestry, evacuation, and land acquisition challenges. Or will the imports grow not only because of the arbitrage opportunities but also because of the domestic scarcity?
Table of contents
- Merchant miners
- Captive miners
- Iron ore pellets
- Iron ore auctions
- Indian exports
- Indian imports
Tables and charts
This report includes 27 images and tables including:
- NMDC's production by mine
- OMC's production by mine
- Rungtas' production by mine
- Essel Mining's production by mine
- SAIL's production by mine
- Tata Steel's production by mine
- JSW Steel's production by mine
- India's lumps production over the years by grade
- India's lump quality curve in 2017-18
- India's fines production over the years by grade
- India's fines quality curve in 2017-18
- State-wise iron ore reserves in India (2015)
- Reserves for key companies, as of 1 Apr 2020 (Mt)
- India's historical iron ore production by state
- Production to reach 267Mt by 2030
- Majority of 86Mt capacity located in east
- Top 5 pellet producers constitute 55% capacity
- Auctions till date have witnessed strong premiums
- Captive production to increase post auctions
- especially in top 11 producers
- Upcoming iron ore mines for auctions
- India's vast rail network supports iron ore movement
- % iron ore handled by rail on a decline
- Reduction in exports reduced average distance
- Slurry pipelines are gaining strong interests
- Exports dwindled after mining bans
- Arbitrage opportunities led to some imports
What's included
This report contains:
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