<ul data-eligibleForWebStory="false"><li>Indian iron ore pellet makers have seen a surge in imports from Iran via Oman this year, with around 800,000 metric tons being imported so far, as opposed to negligible imports in previous years.</li><li>The increase in imports is attributed to higher domestic pellet prices and the availability of cheaper, high-quality Iranian pellets, causing domestic producers to operate at only 69% capacity.</li><li>The Pellet Manufacturers Association of India has raised concerns about the actual country of origin for these pellets coming through Oman, prompting the Ministry of Steel to examine the issue following a petition from domestic pellet manufacturers.</li><li>The surge in demand for pellets in India is driven by robust steel production fueled by growth in infrastructure, construction, and the automotive sector, leading to increased steel consumption and crude steel output in the country.</li></ul>

India's iron ore pellet makers seek curbs on Iranian imports via Oman

Discover more