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Indian Iron Ore Miners Halt Exports on Weak Prices, Higher Taxes

Iron ore exports from India have halted as a global price slump and an increase in royalty fees made shipments unviable for miners battling high taxes levied on overseas sales. The third-biggest iron-ore exporting nation until three years ago didn’t sell ...

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As China demand slows, Indian iron ore imports surge to record

India’s iron ore imports jumped to a record 5 million tonnes in April-October, industry data showed, as a deepening shortage at home forces steelmakers to turn overseas for the raw material. Gathering momentum in Indian imports should absorb some of ...

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NSL Consolidated advances Indian iron ore operations

NSL Consolidated has received its first purchase order under an iron ore sales agreement in India for 1,000 tonnes of over +45% iron material. On 20 October, the company executed its first sales agreement for 5,000 tonnes of +45% iron ...

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