Indian Iron Ore Exports Fall 70%

Base Metals Investing

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

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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