Weak Goa exports, suspension of Odisha mines fail to dent iron ore trade

Jan-Mar quarter crucial as Odisha poses threat of lower contribution to FY18 iron ore trade

Despite a sharp fall in Goa's iron ore exports, India's largest iron ore exporting state, the country's total iron ore (including pellets) trade volumes during April-December 2017 have moved up 1.36 per cent on year-on-year basis.

As per the Indian Port Association (IPA) data, India's total iron ore trade volumes during the nine-month period stood at 33.46 million tonne up from 33.01 million in the corresponding period last year. Increased contribution from Mumbai and New Mangalore port this year has made up for the loss from Goa's Mormugao port. However, the share of iron ore trade to the total trade