Tag: Indian Iron Ore Export
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Indian iron ore export shipments plunge 76% in Q2 on weak Chinese demand
India’s iron ore exports witnessed a sharp fall of 76% y-o-y to 2.8 million tonnes (mn t) in Q2FY’22 as against 11.7 mn t in the corresponding period last year, according to the vessel line-up data maintained with SteelMint. Factors behind decline in Indian iron ore exports Subdued Chinese demand on steel production cuts: Limited…