Iron ore shipments rise 15% YoY after similar decline last fiscal

All major ports, save Mormugao, saw their iron ore volumes mounting; Mormugao was battered by the mining ban in Goa and curbs clamped on Karnataka ore

Iron ore cargo bounced back at major ports, rising 15.33 per cent year-on-year during April-June of this fiscal.

Iron ore traffic has staged a comeback after a year of deceleration in 2018-19 which saw a decline in shipments by 16 per cent. As a fall-out of de-growth in iron ore cargo in last fiscal, many major ports dependent on the commodity, had to contend with muted growth in cargo throughput.