IO has market pricing. If the domestic prices aren't good enough the Indians will keep exporting the way they do now.
The Indian iron ore mine owners are shrewd business people.
It would take nationalisation of the iron ore resources, IMO, to force the domestic sales price down and for the owners not convert to exports. Unless of course the mine is too far from ports to make it a viable export operation.
Indian IO demand will keep growing as the country develops its infrastructure.
"Peak Iron Ore" ????
IO has market pricing. If the domestic prices aren't good enough...
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