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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
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
Should iron ore exports be canalised?
The step is retrograde and will not curb illegal mining; but a government-nominated agency could ensure accountability in exports.
The step is retrograde and will not curb illegal mining; but a government-nominated agency could ensure accountability in exports.
Mines ministry against iron ore export ban
Says Shah commission recommendation faulty; however, accepts other suggestions.
Says Shah commission recommendation faulty; however, accepts other suggestions.
China looks beyond India for iron ore imports
With exports of iron ore from India to China declining sharply and the Indian government mulling to canalise ore exports as a measure to curb illegal mining activities, China is looking out for
Major miner problems
‘Canalising’ iron ore exports is not a solution to illegal mining. Only strict regulation is
‘Canalising’ iron ore exports is not a solution to illegal mining. Only strict regulation is
Iron ore exports through Paradip at all-time low
Iron ore shipment through India's third largest exporting port, Paradip, plunged to all time low in November as the state government restricted intra-state transportation as a measure to discourage
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