Orissa Mining body holds issuing permits to Iron Ore exporters till Nov end

Orissa mining authorities have stopped issuing permits to exporters since last month and likely to extend it till November end says market participants.

“There is absolutely no work in this region, Deputy Director of Mines, Joda has stopped issuing permits to exporters and manufacturers since last month, after Indian railways alleged Rashmi Metaliks to misuse railway transport facility.” said a trader based at Barbil (Orissa).

Falling spot iron ore prices in Chinese market adding trouble to Indian miners and exporters, he added.  


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