Goa, a major exporter of Iron Ore, saw the highest ever
exports during the financial year 2010-11 through its twin ports Mormugao Port
Trust (MPT) and Panaji Minor Port although the export scene in the country
remained grim during the last fiscal.
A total 54.45 million metric tonnes of Ore (a raw material
for steel industry) was exported from Goan ports of which 47.23 was of Goan
origin while rest was sourced from neighboring Karnataka and Maharashtra
states.
Goa Mineral Ore Exporters Association (GMOEA), an umbrella organization of
ore exporters, have compiled the figures which indicates that the Iron Ore exports
were all time high.
About 46.84 million tonnes of Iron Ore was exported from both the ports to
various countries, including China, which took more than 90 per cent of the
consignments followed by Japan.
China, the main international buyer for India, has bought 48.93 million metric
tonnes of ore for the last fiscal. The country has surpassed the traditional
buyer Japan, which purchased only 3.4 million metric tones of ore from Goa.
Source: The Economic Times
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