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    tension between india and china might be a bit of a catalyst

    Smaller steelmakers in India seek a ban on iron ore exports after a 170% surge in sales to Chinese mills inflated local prices. Fearing industry shutdowns, lobby groups from major manufacturing states request government restrictions. Second-tier producers, constituting 40% of national output, face higher input costs than top mills. Any export limits could support iron ore prices

    Feb 23, 2024

    https://economictimes.indiatimes.co...as-china-sales-jump/articleshow/107934885.cms
 
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