05
Sep
15:32
FICCI seeks pig iron export duty withdrawal: reports
The Federation of Indian Chambers of Commerce and Industry (FICCI) has written to the finance ministry to seek the withdrawal of 15% duties on the export of pig iron, according to local media reports.
According to FICCI, the decision to impose the export duty in May will have no positive impact on the Indian steel industry. It will however adversely affect pig iron producers, making it unviable for them to export surplus pig iron.
Merchant pig iron producers are …
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Anonymous
Very good overview of the weekly steel market.
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