Iron ore from India is unloaded at the Port of Rizhao, one of China's biggest ports for importing the commodity, in Shandong province. Photo: Reuters
Indian iron ore exports to China surged in 2020, but India’s own needs keep it from being a key supplier
- India exported 88 per cent more iron ore to China last year, but it accounted for only 1.8 per cent of China’s import total
- Increase in iron ore exports was commercially opportunistic, with Indian exporters taking advantage of China’s strong demand and sharply higher prices
Follow your favourite topic and get notified
Iron ore from India is unloaded at the Port of Rizhao, one of China's biggest ports for importing the commodity, in Shandong province. Photo: Reuters
