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Odisha ports trucking cap to lower Indian iron ore exports

India’s iron ore export shipments are expected to fall in the near-term due to restrictions on the number of trips trucks from specified mines can undertake to deliver iron ore to Odisha’s Paradip and Gopalpur ports.
Market participants expect a fall of around 20-30% in export shipments over the next few months if the restrictions are not lifted. Fall in export deliveries could lead mines to divert cargoes into the domestic market, pressuring prices. Export prices are unlikely to be much affected by fewer cargoes arriving from

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