As China reopens and tries to revive its factories and mines, there is now a growing clamour for exporting anything and everything that country needs.
Steel is something China is vigorously churning out for which it needs key inputs like iron ore to be imported from the outside world.
And this has resulted in a tussle within the Indian industry between those who would be benefitting from such a move and those who would suffer from such exports as domestic supplies are currently tight due to the lockdown.
Domestic exporters including KIOCL Ktd have been benefitting significantly from surge in demand for ore from China.
China is traditionally the largest biggest buyer eating up 85 percent of exports followed by Japan (5 percent) and South Korea (3 percent).
هذه القصة مأخوذة من طبعة June 2020 من Steel Insights.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة June 2020 من Steel Insights.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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