PUBLISHER: GlobalData | PRODUCT CODE: 1148927
PUBLISHER: GlobalData | PRODUCT CODE: 1148927
GlobalData's "India Iron Ore Mining Market by Reserves and Production, Assets and Projects, Fiscal Regime including Taxes and Royalties, Key Players and Forecast, 2021-2026" provides a comprehensive coverage on the India's iron ore mining industry. It provides historical and forecast data on iron ore production, reserves by country, and world iron ore prices. The report also includes a demand drivers section providing information on factors that are affecting the country's iron ore industry such as demand from end use sectors including steel and construction industries. It further profiles major iron ore producers, information on the major active, planned and exploration projects.
India's iron ore production, after rising by 22.1% in 2021, mainly due to the resumption of activities post-pandemic, is expected to grow by just 2.1%, to reach 254.3 million tonnes (Mt) in 2022. This will be primarily supported by an expected increase in the output from the domestic iron ore giants such as National Mineral Development Corporation Ltd (NMDC) and Steel Authority of India. The Indian states of Odisha and Chhattisgarh will be the key contributors to the overall growth.