Exports of iron ore declined by about 22% to 25.2 million
tonnes in April-July due to the ban on its shipments from Karnataka, industry
body FIMI today said.
Releasing the provisional data of exports, the Federation of
Indian Mineral Industries (FIMI) said the country had exported 32.3 million
tonnes of iron ore during April-July last year.
Exports in July fell by about 23% to 3.6 million tonne, the
second highest decline in a month this fiscal after 29% decrease in April.
Shipments dipped from almost all major ports in the southern
region due to subdued supply from Karnataka, which accounts for about
one-fourth of total iron ore export from the country.
However, exports improved from ports in Paradip, Vizag,
Moramugao & Panjim and Gangavaram during the four months.
The Moramugao & Panjim port registered the highest
exports at 15.5 MT during April-July, followed by Paradip which exported 3.5
MT.
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