In India, they may be made by the export of iron ore

India may follow the path of Indonesia, where since 2014 a ban on export of some minerals will be introduced. In India, the Permanent Government Commission on the issues of coal mining and steel made a proposal to introduce a partial or even complete ban on export of high -quality iron ore (with more than 64 percent of iron content) in order to increase the competitiveness and development of domestic steel industry, as well as, as noted in the report, "preserving the country's barely accessible national property. The relevant documents have already been submitted by the commission for discussion in the Parliament of India. The government has long been preoccupied with the state of the iron ore market, since due to its huge export from the country, the question of its presence in the near future has repeatedly raised.

This proposal was submitted by the commission just when the Minister of Finance of India Palaninappan Chidambara is struggling to reduce the shortage of current operations of $ 87.8 billion, by increasing duties on the export of mineral resources, as well as the adoption of other similar measures. Speaking in parliament, Chidambara expressed anxiety that huge iron ore reserves would simply lie in warehouses and would not be in demand due to the ban on the Supreme Court at a time when the country desperately needs income and investments. In addition, the situation is aggravated by the fact that, by decision of the court, a complete ban on the extraction of iron ore on Goa and a partial ban on Karnataku was introduced.

Also, the commission in its report noted the need to introduce new technologies at the existing Indian factories and those that will be built in the future. Under new technologies, it means the possibility of processing ore with a low iron content, which can become an alternative source of raw materials for the production of steel.