India's iron ore shipments bounce back.

Indian 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.

At the end of June in FY20, all major ports with the exception of Mormugao port saw their iron ore volumes mounting. Mormugao was battered by the mining ban in Goa and curbs clamped on ore from Karnataka.

The Kolkata Dock System, made up by the riverine port...