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Iron ore exports up 2% in FY14;to grow at healthy rate in FY15

Last Updated: Wednesday, April 23, 2014, 18:36

Iron ore exports, which declined from over USD 7 billion per annum to USD 1.69 billion in 2013-14, are expected to get a big boost following the Supreme Court's order to lift mining restrictions in Goa.

Care for curbs on iron ore fines export, warns of low reserves

Last Updated: Monday, March 03, 2014, 18:29

As per its estimates, domestic iron ore demand is likely to grow around 7 percent per annum to reach 169 million tonnes (MT) per annum by FY'18.

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.

Mines Min to seek reduction in iron ore fines export duty

Last Updated: Wednesday, July 31, 2013, 13:56

Concerned over steep decline in iron ore exports, Mines Ministry will seek from its finance counterpart reduction of duty on fines from the current 30 percent.

Iron ore exports likely to be in single digits in FY14: FIMI

Last Updated: Sunday, March 10, 2013, 18:00

Iron ore exports may remain in the range of 8-9 million tonnes in the next financial year and the country may become a net importer of the commodity, an industry official said.

Iron ore exports fall by 68% during Apr-Jan period: FIMI

Last Updated: Wednesday, February 27, 2013, 15:09

The country had exported 515.19 lakh tonnes of iron ore in the corresponding period in the last financial year.

Goa govt rules out ban on iron ore exports

Last Updated: Friday, March 16, 2012, 22:29

Goa Chief Minister Manohar Parrikar on Friday ruled out the possibility of clamping a ban on exports of iron ore from the state.

Mines ministry disagrees with panel suggestion on export ban

Last Updated: Wednesday, December 21, 2011, 00:35

The Mines Ministry has disagreed with the Justice Shah committee suggestion of banning exports of iron ore and manganese ore to check illegal mining, saying that the export of minerals is guided by policy, and it has referred the matter to the Ministry of Commerce.

China looks for alternatives as India iron exports fall

Last Updated: Friday, November 18, 2011, 14:14

A decline in iron ore exports from India following a crackdown by the government to check illegal mining has prompted China to begin exploring alternate markets to source its requirement of the mineral, a senior official of China Minmetals Corporation said on Friday.

Slowing economy will affect Iron Ore exports: Steel Ministry

Last Updated: Thursday, November 17, 2011, 14:22

In a bleak outlook, a senior Ministry of Steel official Thursday said the Iron Ore exports would be under pressure and the overall growth of the industry may be affected owing to global competition and prevailing market forces in the next five years.

No ban on iron ore exports from Goa: Kamat

Last Updated: Thursday, November 10, 2011, 23:12

Goa Chief Minister Digambar Kamat on Thursday dismissed reports about a possible ban on iron ore exports from the state.

NMDC iron ore exports may dip below 1 mn tonnes this year

Last Updated: Thursday, November 03, 2011, 16:19

State-owned NMDC's exports of iron ore may fall by over 61 percent to less than 1 million tonnes this year from 2.6 million tonnes last year, a senior official of NMDC has said.