01
Mar
03:30
India rules out low-grade ore export ban: reports
Indian steel secretary N N Sinha has ruled out the possibility of imposing a ban on the export of low-grade iron ore, according to local press reports.
This announcement follows recent market speculation regarding India's potential export ban on low-grade iron ore to mitigate increasing raw material costs for the domestic secondary steel industry, Kallanish notes.
India, a major global producer and exporter of iron ore, primarily ships low-grade ore, with 90%…
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Anonymous
Very good overview of the weekly steel market.
Anonymous