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India needed over 80 million tons of iron ore last year and by 2020, they expect the demand to rise to 150 million tons per year. Brazil and Australia make up over half of the world’s iron ore exports. Brazil exported over 330 …

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Using local iron ore would reduce dependence on steel imports and support Pakistan Steel Mills and other steel mills in the country, he added. Pakistan Steel Mill (PSM) is using iron ore from Chaghi, Balochistan apart from this there are many other places where PSM is working to get raw material, PSM sources said.

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Internews Report. LAHORE: Renewed efforts are being made by the government in Pakistan’s Punjab province to tap the two-billion-tons iron ore reserves of the province for commercial exploitation, official sources said here Monday.

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Iron Ore traded at 66.50 on Friday July 6. Historically, Iron Ore reached an all time high of 191.90 in February of 2011 and a record low of 37 in December of 2015.

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The biggest potential for growth in the iron-ore industry lies with countries in the ‘Next 20’, which refers to the 20 growing non-Bric bloc developing economies, including Indonesia, Pakistan, Bangladesh, Mexico, Philippines, and several sub-Saharan African nations, including Nigeria, Ethiopia, the Democratic Republic of Congo, Tanzania ...

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At first, Pakistan’s economy was largely based on private enterprise, but significant sectors of it were nationalized beginning in the early 1970s, including financial services, manufacturing, and transportation.

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Pakistan discovers 'huge' reserves of iron ore - DAWN.COM

LAHORE: Pakistan on Wednesday said it has discovered major reserves of iron ore as well as copper, silver and gold in its central province of Punjab. The reserves were found in Chiniot, around 160 kilometres northwest of Lahore, by Chinese group the Metallurgical Cooperation of China.

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