The government should ban the exports of iron ore. Might be that there is enough reserves in India for the next 100 years, but that does not mean that free export of iron ore should be allowed.
At present the per capita consumption of steel in India is 35 kgs and it will go upto 100kgs by 2020. To meet that increased consumption will there be enough iron ore by that time. India shold rather give more stress in exporting value added products rather than iron ore. Like China India should follow the strict rule of banning the export of iron ore.
This policy of the Indian Government will decide the future of the Indian Steel Industry.
Tags: blue tempered steel strips, carbon steel strip, carbon steel strips, cold rolled steel strip, cold rolled steel strips, crca steel strip, crca steel strips, hardened tempered steel strip, hardened tempered steel strips, rolling hard steel strip, sorbitic hardened, spring steel strip, spring steel strips, steel strip, steel strips, textured steel strips