At a time when there is a growing demand in India for a clampdown on iron ore exports by steel companies, given a shortage in the domestic market, Dilip Oommen, chief executive officer of ArcelorMittal Nippon Steel India (AMNS India), tells Ishita Ayan Dutt in an interview that cutting down steel production amid iron ore shortage is not in keeping with the government’s Atmanirbhar policy. Edited excerpts:
Has the steel industry demanded a restriction on iron ore exports?
Iron ore prices have gone through the roof. If you look at Odisha prices, it has gone up by 175 per cent