The
China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters (CCCMC) disclosed that
India's
iron ore exports to
China may reach 75 million tons during the 2005/2006 fiscal year. This represents a year-on-year increase of 26.5 percent.
If
India exports 75 million tons of
iron ore to
China, then the country's total
iron ore export volume will amount to 95-100 million tons.
India's
iron ore exports to
China totaled 59.3 million tons during the 2004/2005 fiscal year, an increase of 41 percent from a year earlier.