Tag: Q2 FY15

India: Iron Ore Exports reduce to 0.8 MnT in Q2 FY15

Oct 11, 2014

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by

Nishtha Mukherjee

in Uncategorized

Iron ore exports from India have fallen by 58% from 1.9 MnT (Q1 FY 15) to 0.8 MnT (Q2 FY15). The prominent reasons for fall in exports are: Spot Iron ore fines prices hit 5 years low mark and is still trading below USD 80/MT, CNF China (Fe 62%) Decline in China’s manufacturing activities as…