India’s iron ore exports climbed 21.53% in Jan
Rupee depreciation has offset the impact of 5% export duty on Indian iron ore as Chinese steel companies are trying to slowly roll back production cuts. India’s iron ore exports jumped 21.53% to 13.9 million tonnes in January 2009 against 11.5 million tonnes in January 2008. Independent steel and natural resources consultant AS Firoz said: [...]
