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Indian Iron Ore Exports Down 28% in Feb’20

Indian iron ore exports in Feb'20 were recorded at 2.05 MnT in Feb'20, according to data maintained with SteelMint. The exports witnessed decrease of 28% on monthly basis as against Jan’20 exports at 2.85 MnT.
Indian iron ore exports dropped for the month due to the weak demand following coronavirus outbreak in China in Jan'20 which led to falling inquiries for Feb'20 shipments. Indian iron ore exports to China dropped 35% in Feb’20. Indian iron ore exports to China for the month recorded at 1.71 MnT, down 35% as against

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