Iron ore export from Goa drop by 30% in 2011-12

Iron ore exports at Mormugao Port Trust (MPT), the
country's biggest iron ore exporting port is said to report a 30% drop for
financial year 2011-12. 

MPT Chairman P Mara Pandiyan said that only 29.37 million tonnes of
ore were exported during last fiscal compared to 40.63 million tonnes in the
previous fiscal. 

Overall, Goa exported 43 million tonnes of ore during last fiscal, which was
sent from MPT and Panaji minor port. 

Mormugao Port Trust exports 48 per cent of the country's iron ore. 

Pandiyan said that ban on iron ore export by Karnataka, ban on export of iron
ore dumps, restriction in transportation of iron ore from mines to loading
jetties in view of congestion on the road, recent hike in the customs duty to
30 per cent from 20 per cent have decreased port traffic. 


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