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India's iron ore exports down 28% to 11.17 MT in Apr-Dec

Last Updated: Friday, January 17, 2014, 15:47

India's iron ore exports have gone down by 28.16 percent during April-December of the current fiscal to 11.17 million tonnes (MT) as gloom continues over the sector due to the present regulatory scenario, mineral industries body FIMI said today.

India likely to depend on iron ore imports for domestic needs

Last Updated: Tuesday, December 11, 2012, 20:57

India may have to depend on imports to meet its domestic requirements of iron ore for next 2-3 years as mining activity is yet to start in some parts of the country, according to Ore Team, a steel and steel making commodities research house.

India likely to import 15 mn tonnes iron ore this fiscal: Fimi

Last Updated: Friday, November 30, 2012, 22:18

"If the current trend (of scarcity) continues, then we may import around 15 MT iron ore in the current financial year," Federation of Indian Mineral Industries (Fimi) Vice-President Basant Poddar said.