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Last Updated : 09 November 2009 at 14:30 IST
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India’s iron ore exports rise sharply

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MUMBAI (Commodity Online): India’s iron ore export has witnessed whopping surge with 88% to 6.25 million tonnes in September due to a firm demand from China along with partly reflected a statistical effect caused by a slump in the same month last year in the wake of the world economic crisis.

Exports climbed to 6.25 million tonnes in September from 3.33 million tonnes a year earlier, the Federation of Indian Mineral Industries (FIMI) said on Friday. Trading platform that even a 5 year old can trade. Join now

India's current reserves are 25249 million tonnes while it needs 176 million tons every year for its domestic industry.
MCX Silver 05 September 2012 contract was trading at Rs 56922 . What's your view on it?
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