"India's iron ore industry said on Friday that a duty on exports imposed in February and a strong rupee had dragged down sales, but steelmakers disagreed and again sought a cap on overseas shipments.
The government initially set an export duty of 300 rupees per tonne of all iron ores, but later cut the rate applicable to low-grade sales to 50 rupees following protests by the mining industry."
Monday, July 9, 2007
India's iron ore exports dip, steel firms seek cap | Reuters.com
India's iron ore exports dip, steel firms seek cap | Reuters.com:
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