Tag: Spot Iron Ore Prices
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Indian Iron Ore Export continues to decline
Indian Iron ore export has witnessed constant downtrend owing to fall in global Iron ore prices and appreciating INR against USD. Indian Iron ore exports have reduced drastically (M-o-M) i.e. from 0.9 MnT in Apr’14 to 0.3 MnT in Jun’14. Exports fell by 45% in Q1 FY15 to 1.94 MnT against 3.9 MnT in Q1…