13th Nov 2015, – Navi Mumbai, India: Market reports on India presents the latest report on “Market Report on Iron Ore Mining in India to 2020”. It is an essential tool for companies active in Indian mining, and for new competitors considering entering the industry.
'Iron Ore Mining in India to 2020' report comprehensively covers Indian reserves of iron ore, reserves by grade, hematite reserves by state, historic and forecast data on Indian iron ore production and production by form, iron ore production by state, iron ore prices, historic and forecast iron ore consumption and exports vs crude steel production in India, exports and imports by country and grades of iron ore lumps and fines at port.
The report also includes factors affecting demand for iron ore, profiles of major iron ore producing companies and information on the active, exploration and development iron ore projects.
The fiscal regime section provides information about the countrys regulatory authority, laws, licenses and other fiscal regime information such as taxes, rates and other charges applicable to the mining of the commodity in the country. It is an essential tool for companies active in Indian mining, and for new competitors considering entering the industry.
- India had the fifth-largest global reserves of iron ore in January 2015, at 8.1 billion tonnes (Bnt), accounting for 4.2% of the global total. The majority of this is found in the states of Odisha, Jharkhand and Karnataka.
- The iron ore industry was severely impacted by the ban on iron ore mining in Goa and Karnataka. Following the ban, iron ore production in the southern state of Karnataka dropped from 39Mt in 2010 to 13Mt in 2011.
- Similarly, iron ore production in Goa decreased by 68.3% to 10.6Mt in 2012. Despite this, India ranked fourth globally in terms of iron ore production after China, Australia and Brazil, accounting for 129.1Mt or 6.3% of global iron ore production in 2014....