Supreme Court Ruling Key to Iron Ore Price Rally

Reuters reported that The Supreme Court may decide as early as next week whether to lift a 6-1/2-month ban on iron ore exports from Karnataka.

The article states:

Karnataka is the second biggest iron ore producer in India, the world’s No. 3 supplier. The state, in a crackdown on illegal mining, has banned shipments since July 26 last year.

To read the full article, click here.