Indian Iron Ore Exports Fall 70%

India’s iron ore exports dropped by nearly 70 percent over the last fiscal year, Business Standard reported.

As quoted in the market news:

India exported 18.37 million tonnes (MT) of iron ore valued at Rs 10,372 crore in 2012-13 compared to 61.74 MT worth Rs 33,911 crore in 2011-12, Steel Minister Beni Prasad [Verma] said in a written answer in the Rajya Sabha.

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