India iron ore exports seen down 25-30%

India's iron ore exports in 2010/11 are likely to fall 25 percent to 30 percent...

• Written by Reuters
• New Delhi | September 14, 2010 11:36 AM IST
1 min read

India’s iron ore exports in 2010/11 are likely to fall 25 percent to 30 percent,from 117.37 million tonnes in the year to March 2010,Siddharth Rungta,president of Federation of Indian Mineral Industries (FIMI) said on Tuesday.

India is the world’s third-largest supplier of the steel-making raw material,with most of its exports landing in China that houses the world’s largest steel industry.

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