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India’s iron ore imports surged to a six-year high in 2025 due to domestic shortages, driving steelmakers to buy more from abroad.
India's iron ore imports hit a six-year high in the first ten months of 2025, surpassing 10 million metric tons—more than double the same period last year—due to domestic shortages, delayed mine launches, and heavy rains in Odisha.
Steelmakers, including JSW Steel, increased overseas purchases from Brazil, Oman, and Australia to meet rising demand.
Domestic output rose to 289 million metric tons in fiscal 2025, but supply constraints persist.
Analysts project imports could reach 11–12 million metric tons by March 2026 if domestic production doesn’t improve.
The government encourages steel firms to secure overseas mines as India aims to double steel output by 2030.
Las importaciones de mineral de hierro de la India aumentaron a un máximo de seis años en 2025 debido a la escasez doméstica, lo que impulsó a los fabricantes de acero a comprar más del extranjero.