The Odisha government has allowed miners working under special conditions after expiry of lease validity to sell iron ore raised before October 2012 in the open market, which traders say would boost supply by around 10 million tonnes (mt).

"The lifting of the restriction would enable miners to sell iron ore and fines stacked since October, which would be somewhere between nine and 10 mt. It’s a welcome step and will boost ore availability for steel makers,” said Prabodh Mohanty, a spokesperson for the East Zone Miners' Association.