Demand for High Grade Iron Ore to Stay - McKinsey
Mar 04, 2020 10:00
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The conference opened up with deep insights from Mr Abhijit Kulkarni, Partner, McKinsey & Company, India. He shared that demand for high grade iron ore will continue to have huge demand in global market and will continue to fetch high premiums.
There could be
some disruption in Indian iron ore supplies in near term because of change in
hands due to auctions. Industry may barely manage near term disruption but
needs to think on long term sustainability, he added.
He also highlighted
that there is growing steel demand and production in India and it's expected