• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    iron investing

    India’s Iron Ore Exports Plunge

    Investing News Network
    Jan. 03, 2012 03:33PM PST
    Base Metals Investing

    Reuters reported India’s iron ore exports are likely to be 75 percent lower than previously expected in the quarter ending in March as taxes rise.

    Reuters reported India’s iron ore exports are likely to be 75 percent lower than previously expected in the quarter ending in March as taxes rise.

    As quoted in the market news:

    Asia’s third-largest economy announced a 50 percent jump in export duties on Monday to 30 percent, prompting traders to slash their forecasts for exports for the year to March 2012 to around 50 million tonnes from 65 million. That was already down from 97 million tonnes last year.

    Click here to read the full Reuters report.

    iron investingindia
    The Conversation (0)

    Go Deeper

    AI Powered

    India Cuts Iron Ore Output To 45 Million Tonnes

    India to Emerge as Source of Cheap Ore

    Latest News

    Finlay Minerals Announces Closing of Non-Brokered Private Placement of Flow-Through and Non-Flow-Through Units

    FALCO ANNOUNCES CLOSING OF BOUGHT DEAL PRIVATE PLACEMENT

    Completes Two Pools Gold Acquisition

    AFDG via Butembo Acquisition Becomes First US Public Company in the Democratic Republic of the Congo (DRC)

    CoTec Commissions BBA to Lead Feasibility Study for the Lac Jeannine Iron Tailings Recovery Project

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    Cyclone Metals

    CLE:AU

    M3 Metals Corp.

    MT:CA

    Rockex Mining Corporation

    RXM:CNX

    Oceanic Iron Ore Corp.

    FEO:CA

    Ares Strategic Mining Inc.

    ARS:CNX

    Labrador Iron Ore Royalty Corporation

    LIF:CA
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES