Most of India's iron ore leases expire on March 31 next year, according to the news, and the industry is currently concerned that this will jeopardize the supply of raw materials.
India may face a severe 50 million tonne iron ore shortage between 2020 and 2021, which will have a strong impact on its steel industry.
As time approaches, more and more steelworkers are asking the government to address this issue and ensure an uninterrupted supply of iron ore in the future.
India may face iron ore shortage next year
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