Haresh Melwani News
Iron ore export duty raised to 30%
Increase in duty upsets mining firms, but steel companies set to benefit after complaining about lack of supply for months.
In a major setback to the mining industry, the ministry of commerce has raised the export duty on iron ore to 30 per cent from the existing 20 per cent, effective December 30.
"It will be the end of exports of iron ore fines (a certain product size) from India. With an already
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