Tag: Indian iron ore exports

Sharp decline in global iron ore prices resulted in a significant fall in iron ore export volume from India in Jun’17. Indian iron ore exports have been down by 87% M-o-M in Jun’17. India has exported 0.25 MnT material in Jun’17 compared with 1.92 MnT in May’17. Compared with May’16, export figure is down by 66% against 0.74 MnT then. Monthly average spot iron ore fines (Fe 62%) prices for Jun’17 were USD…