India's iron ore exports slump by 56.7% in March 2015
The Dollar Business Bureau India’s iron ore exports fell in March to 804,233 tonnes, down by 56.7% when compared with the exports during the same month in 2014. According to Ministry of Commerce, the country had exported 857 million tonnes of iron ore during March last year while, during this year, India exported 804,233 tonnes of iron ore worth $27.22 million. Moreover, the export prices have dipped by 25.8% over the year. The iron ore export prices averaged at $71.4 per tonne in March 2015 as against $96.20 per tonne in March 2014. Japan is the largest destination of Indian iron ore, the country totaled to 289,813 tonnes. China with 287,238 tonnes and Iran 198,159 tonnes are important destinations for Indian ...
