26
Apr
15:34
India extends long-term Japan, Korea iron ore supply
India’s government has approved the renewal until March 2023 of long-term agreements (LTAs) to supply above 64% Fe content iron ore lumps and fines to Japanese steel mills and South Korea’s Posco.
Japanese steel mills will receive 3 million-4.3 million tonnes/year of both NMDC- and non-NMDC-origin iron ore, while Posco will receive 0.8m-1.2m t/y. A maximum of 1.81m t/y of Bailadila Lumps will be shipped, while the limit for Bailadila Fines is 2.71m t…
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Anonymous
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