India's iron ore imports set to hit 7-year high in 2025-2026

India's iron ore imports are projected to hit a seven-year peak by March 31. This surge is fueled by a scarcity of high-grade ore and robust demand from JSW Steel. Imports are expected to more than double year-on-year. Meanwhile, iron ore pellet imports from Iran may decrease due to Middle East conflict and ample domestic supply.