1. Market Research
  2. > Mining and Quarrying
  3. > Metals Market Trends
Iron Ore Mining in India to 2021 - Iron Ore Industry to Pick up Pace, Aided by Strong Steel Demand and Rapid Economic Growth

Iron Ore Mining in India to 2021 - Iron Ore Industry to Pick up Pace, Aided by Strong Steel Demand and Rapid Economic Growth

  • August 2017
  • 48 pages
  • ID: 5094608
  • Format: PDF
  • GlobalData


Table of Contents

Search Inside

Iron Ore Mining in India to 2021 - Iron Ore Industry to Pick up Pace, Aided by Strong Steel Demand and Rapid Economic Growth

India is endowed with metallic, non-metallic, and atomic minerals, among others. Accounting for 4.8% of global iron ore reserves, the country was the fifth-largest producer as of January 2017. The majority of this is hematite ore, which is predominantly found across the Indian states of Odisha, Jharkhand, and Chhattisgarh.

Since 2010, the Indian iron ore industry has been severely impacted by stringent government rules, especially in Goa and Karnataka. The country’s iron ore output saw a major downfall between 2010 and 2013. However, after production limits were revoked, the supply started to recover in 2014. Over the forecast period 2017-2021, India’s production is expected to grow at a compound annual growth rate (CAGR) of 4.4%, attributed to the commencement of various iron ore mines and the expansion of existing ones.

During 2016, iron ore consumption in India grew by 1.7% because of a 6.7% increase in the country’s crude steel production. During the same year, 98.5% of the iron ore was consumed by the iron and steel industry. The country’s demand for iron ore is mainly driven by the domestic steel industry. With robust growth in the country’s infrastructural and construction activities, India’s iron ore consumption is expected to post a forecast period CAGR of 8.2%.

India imports iron ore from South Africa and Brazil and, in 2016, these two countries together accounted for 97.7% of total iron ore imports. China, on the other hand, is the largest export partner for India, which accounted for 96.9% of the total iron ore exported from the country during the same year. Over the forecast period, the country’s iron ore exports are expected to grow at a CAGR of 12%, while imports are expected to post a forecast period CAGR of 0.6%.

Country’s mining industry is governed by the Ministry of Mines, the Indian Bureau of Mines (IBM), and the Geological Survey of India (GSI). The Mines and Minerals (Development and Regulation) Amendment Bill 2015, which came into effect on January 12, 2015, and the Mines Act 1952, along with the rules and regulations framed, constitute the basic laws under which the Indian mining sector performs.

The report "Iron Ore Mining in India to 2021 - Iron Ore Industry to Pick up Pace, Aided by Strong Steel Demand and Rapid Economic Growth", contains an overview of the Indian iron ore mining industry together with the key factors affecting the industry and demand for the commodity. Moreover, it provides information about reserves, reserves by grade and state, historic production and production forecast, production by form and state, historic and forecast iron ore consumption and exports vs crude steel production, export and import of iron ore by grade and country, iron ore prices, specification of grades of iron ore lumps and fines at point of export, the competitive landscape and active, exploration and development iron ore projects.

Companies mentioned in this report: National Mineral Development Corporation Ltd, Steel Authority of India Ltd, Vedanta Ltd, Odisha Mining Corporation Ltd

- Summary of the country’s mining industry across various parameters - reserves, production, consumption, trade, competitive landscape, regulatory scenario and the future potential.
- Iron ore production, consumption and trade numbers from 2000-2016 and forecast for next five years to 2021.
- Production split by form and consumption split by end use sectors.
- Policies and regulatory framework governing the industry.
- Company details, including company overview, business description and data on major active, exploration and development iron ore projects.

Reasons to buy
- Gain an understanding of India’s iron ore mining industry
- Facilitate decision-making based on strong historic and forecast data
- Obtain the state-wise most up to date information for active, exploration and development iron ore projects.
- Develop strategies based on the latest regulatory events
- Identify various factors affecting the iron ore demand.
- Identify key operating companies’ and obtain the business structure, strategy and prospects.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Global Iron Ore Mining to 2024 - Impact of COVID-19

  • $ 2495
  • June 2020
  • 75 pages

Global Iron Ore Mining to 2024 - Impact of COVID-19 Summary "Global Iron Ore Mining to 2024" provides a comprehensive coverage on global iron ore industry.It provides historical and forecast data on iron ...

Global Iron Ore Industry $ 5450 July 2020


Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on