India’s construction sector to boom, page-3

Indias domestic ore lacks quality therefore it's inevitable that they will also need higher quality ore to fuel the amount of construction needed for urbanisation. Just because they have a domestic IO market doesn't mean it's totally self sufficient. Its not as simple as that sunshine. Remember their imports of foreign ore have already increased year on year. Look at China for an example. History will repeat itself with India and the writing is on the wall spelling 'DEMAND'. I predict that China (with its mature steel infrastructure in place) will also be supplying a significant amount of steel to India using Aussie ore to fast track Indias optimistic construction targets.