Friday, February 27, 2009

Indian Iron Ore Exports To Be Below Last Year's

India's iron ore exports in the financial year to March are expected to be below last year's 104 million tonnes.

Mines secretary Shantanu Consul told reporters "It may be difficult," on Friday when asked whether iron ore exports this year would match last year's.

Around 80 percent of India's iron ore exports go to China, where demand has slowed considerably.

No comments: