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
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China-India relations
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