India Reconsiders Iron Ore Exports to Korea, Japan

Platts reported India is considering exporting iron ore to South Korea and Japan again.

As quoted in the market news:

 Indian miner NMDC notes that increased domestic ore requirement and difficulties in transporting ore from its mines in Chhattisgarh state need to be addressed before it can supply ore for exports. NMDC had been exporting under long-term contracts between state-owned trader MMTC and the overseas steelmakers.

Click here to read the full Platts report.