CCI Market Study on Iron Ore Sector Competition in India
- Artha Institute of Management
- Jan 3, 2024
- 1 min read
COMPETITION COMMISSION OF INDIA
CCI Releases Market Study on Iron Ore Sector Competition in India
Why CCI studied the iron ore sector:
CCI regularly conducts market studies to understand market dynamics and ensure fair competition.
Previous studies focused on diverse sectors like e-commerce, telecom, and pharma.
This study aimed to evaluate competition in the iron ore mining sector and its impact on the steel industry.
Key findings:
India is largely self-sufficient in iron ore and a major global producer (4th largest).
Iron ore exports exceed imports, and India's export competitiveness has improved since 2015, especially for value-added products like pellets.
The sector has strong vertical integration, with 95% of iron ore going to the steel industry.
For further details:
Please refer to the full report for a deeper understanding of the study's findings and recommendations.
video link ; https://youtu.be/ZxUElIMEafU
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