According to Australia's "Financial Review", Rana Som, chairman of India's largest iron ore company, National Minerals Development Corporation, recently said in Perth, Australia that India may stop exporting iron ore to China for at least five years, and this will be an Australian miner. Provide about 100 million tons of market space and provide support for market prices. Rana Som said that India will not import iron ore in the near future, and India will slowly withdraw from the world iron ore market, which will provide more space for Australia to export to China and Japan. India’s iron ore exports to China have fallen from a peak of 123 million tons in 2009 to 90 million tons so far this year.
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