Sesa Goa drops from Rs 490 to below Rs 470 reacting on News of a Chinese Ban on Imports of Iron Ore below 60% FE content…Should it cause any Worry?
Just last evening there was a News release that China’s Iron Ore Trading Association has banned it’s Members from Importing Iron Ore with a Fe Content of below 60% Will this affect Sesa Goa?….Markets think so and have dropped the Share Price from Rs 490+ levels to below Rs 470 levels as I blog If …