India won't be buying IO from Australia.
From the Mineral Council of Australia:
"Commodity Insights forecasts seaborne iron ore demand to rise moderately to 2030, from 1504 Mt in 2019 to 1616 Mt in 2030. ... Steel production in India is forecast to continue rising to 2030. However, India is likely to mainly use its own domestic iron ore resources to support its steel industry. "
https://www.minerals.org.au/sites/default/files/Commodity%20Outlook%202030.pdf
Chinese steel mills turning away Ozzie ships, page-103
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