Iron ore exports in 2010/11 are likely to fall 25 per cent to 30 per cent, 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.

Source: The Economic Times