Tag: Spot Iron fines

Iron ore exports from India in Sep’14 have fallen by 35% in contrast to Aug’14. Exports have fallen from 390,235 MT in Aug’14 to 252,500 MT in Sep’14 as depreciating Indian currency, weakening Chinese fines prices and 30% export duty have made it unviable MMTC (exports on behalf of NMDC), which has long-term agreements with…