During this financial year, Pradip Port Trust (PPT) targets to export 5.5 million tonne iron ore, including about 1.5 million tonne iron pellets. This is 300 per cent more than the 1.8 million tonne iron ore exports recorded by the port last year.
Based on improved global demand, PPT targets the higher target for this steel making raw material. For 2013-14, PPT has set a target of 4 million tonne iron ore exports along with 1.5 million tonne iron ore pellet as market condition is good for the commodity.
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