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India's April-May Iron Ore Exports From Goa Port Fall-Source .


Date: 08-06-2011
Subject: India's April-May Iron Ore Exports From Goa Port Fall-Source
Iron ore exports from India's Mormugao port fell 11.8 percent to 8.2 million tonnes in April-May due to a four-fold rise in export tax and local transportation issues, a port source said.

Exports steadied to 4.23 million tonnes in May from 4.15 million tonnes in the year-earlier period, the official, who was not authorised to speak to the media, told Reuters.

India is the world's third biggest exporter of the steel-making ingredient.

Source : af.reuters.com

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