The Federation of Indian Mineral Industries has strongly objected to Indian steel companies' policy of selling surplus iron ore in the domestic market and crying for a ban on iron ore export to meet shortage of the commodity.
Fimi said in April, the state-run Steel Authority of India invited tenders to dispose of 25,000 metric tonnes of high grade iron ore fines from its Visvesvaraya Iron & Steel plant in Karnataka. Again, Tata Metaliks invited tenders in April to sell 10,000 tonnes of iron ore fines.
Fimi had apprised the Centre of the steel companies' contradictory actions. A number of other steel companies are also selling iron ore in the domestic market, indirectly contributing towards export.