A) India is a leading exporter of iron ore because

1.	A) India is a leading exporter of iron ore because
Answer» India is a leading exporter of IRON,ORE because of India has Export of iron ore of up to 58 per cent ferrous CONTENT (58-Fe) attracts zero duty. Traders SAY once the price of this baser grade of ore breaches $70 a tonne, export becomes viable. Odisha alone has in excess of 100 MILLION tonnes of inferior grade iron ore accumulated at mine heads; this ore lacks takers in India. More such inventory is piling up in JHARKHAND; the two states account for over 80 per cent of the country’s accumulated iron ore STOCKPILE. hope it helps you Mark as brainlist answer

Answer»

India is a leading exporter of IRON,ORE because of India has Export of iron ore of up to 58 per cent ferrous CONTENT (58-Fe) attracts zero duty. Traders SAY once the price of this baser grade of ore breaches $70 a tonne, export becomes viable.

Odisha alone has in excess of 100 MILLION tonnes of inferior grade iron ore accumulated at mine heads; this ore lacks takers in India. More such inventory is piling up in JHARKHAND; the two states account for over 80 per cent of the country’s accumulated iron ore STOCKPILE.

hope it helps you

Mark as brainlist answer

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