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Indian Steelmakers Seek Export Tariff on Low-Grade Ore
2024-08-14
Key points include the industry's push for protectionism, concerns over price stability, and the impact on domestic steel production. The steelmakers argue that the export of low-grade iron ore pellets affects their profitability and the overall health of the industry. They hope the tariff will promote better utilization of domestic resources and support the local steel sector against international competition.
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