India to export 90-95 million mt of iron ore in current fiscal year
An industry official said on June 27 that India is expected to export 90-95 million mt of iron ore in the current fiscal year to March 2012 as the country's domestic demand rises, Reuters has reported.
India will produce 124 million tonnes of steel by 2011-12 for countering its increasing domestic demand, said Ram Vilas Paswan, the Minister for Steel, Chemicals and Fertilisers.