The other countries from which India imports iron ore and its shares are South Africa (19 per cent), Brazil (15 per cent) and Bahrain (5 per cent)
FIMI estimates that the mining industry, including government entities NMDC and MML, will not be able to produce or sell up to the permissible capacity given the pile-up in stock
The forecast, however, is bullish for iron ore imports through the October-March period buoyed by firm domestic demand for the ore
Jan-Mar quarter crucial as Odisha poses threat of lower contribution to FY18 iron ore trade