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India unlikely to gain from Brazil's proposed export tax on iron ore
A quantity loss from Brazil will probably be met through Australia. With infrastructure bottlenecks dogging iron ore exports, India is unlikely to benefit from the supply deficit from the proposed export tax levy in Brazil, the world’s second-biggest exporter of the steelmaking raw material after Australia. Brazil’s energy and mining minister Edison Lobao, on Tuesday, had hinted that the
A quantity loss from Brazil will probably be met through Australia. With infrastructure bottlenecks dogging iron ore exports, India is unlikely to benefit from the supply deficit from the proposed export tax levy in Brazil, the world’s second-biggest exporter of the steelmaking raw material after Australia. Brazil’s energy and mining minister Edison Lobao, on Tuesday, had hinted that the
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