Monday, October 11,
Some East coast ports handling Iron ore exports are now holding large stocks of Iron ore with moisture content beyond the permissible limit of 10% decided by the Government.
As a result, several ships are waiting for the ore to be loaded. Thankfully, the problem has not yet assumed alarming proportion, presumably because of limited mining activity in several areas. However, the country’s largest Iron ore export – which is from the West coast remains unaffected by the Government’s orders.
Source: The Business Line
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