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Reuters reported India’s Orissa states has stopped issuing iron ore export permits from two of its ports.
Reuters reported India’s Orissa states has stopped issuing iron ore export permits from two of its ports.
As quoted in the market news:
The move may have little impact on iron ore shipments from India, the world’s third-biggest iron ore exporter after Australia and Brazil.
The two ports — Gangavaram and Kakinada — accounted for less than 6 percent of the iron ore shipped out in the first seven months of the current fiscal year to next March.