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Monday, June 13, 2011

India iron ore exports from Mormugao in April to May fall

Monday, 13 Jun 2011

Iron ore exports from India's Mormugao port fell 11.8% to 8.2 million tonnes in April to May due to a four fold rise in export tax and local transportation issues.

A port source said that exports steadied to 4.23 million tonnes in May from 4.15 million tonnes in the year earlier period. (sourced from Reuters)

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