India's Iron Ore Imports Hit Seven-Year High Amid Global Glut and Domestic Challenges
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India's Iron Ore Imports Hit Seven-Year High Amid Global Glut and Domestic Challenges

India's iron ore imports reached a seven-year high in 2025, nearly doubling from the previous year to 12.2 million tonnes. This surge is attributed to a global glut of high-grade ore, lower international prices, and logistical challenges within India. Steelmakers, particularly JSW Steel, turned to imports to compensate for domestic supply constraints and the uniform quality offered by overseas sources, raising concerns about raw material security amid capacity expansion.

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