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flag India revises iron ore pricing rules to make low-grade ore viable for steel production starting April 2026.

flag The Indian government has revised iron ore pricing rules to make low-grade, previously wasted minerals economically viable for steel production. flag Effective April 2026, the Ministry of Mines set specific prices for ore below 45% iron content, such as BHQ and BHJ, based on a percentage of higher-grade ore prices. flag This change aims to boost resource conservation and secure raw material supply for the domestic steel industry.

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