Sesa Goa Sees India FY12 Iron Ore Exports Down by a Third

Reuters reported iron ore exports from India could fall a third to 65-70 million tonnes in the year to March 2012.

As quoted in the market news:

India’s iron ore exports were already down 25 percent in April to October, hit by stalled shipments because of a legal wrangle in Karnataka, which normally accounts for a quarter of exports, and the pinch of high transport costs.

Click here to read the full Reuters report.