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12 Aug
13:00

Indian mills seek low-grade iron ore export duty

India's leading steelmakers have urged the government to impose an export tax on low-grade iron ore and pellet to address domestic shortages. The Indian Steel Association (ISA), representing major producers such as ArcelorMittal Nippon Steel India, Steel Authority of India, JSW Steel, and Tata Steel, sent a letter to the Ministry of Steel last month. It suggests a 20% tax on exports of iron ore with less than 58% iron content and a 10% tax on all iron ore pe…
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