India imposes 5% export tax on iron ore pellets

Jan 29, 2014 | 09:29 AM |

Tags  iron ore pellets, India exports, iron ore, China imports, CHinese customs, export tax

SHANGHAI — India has imposed a 5-percent export tax on iron ore pellets to help preserve the country’s domestic supply levels effective Jan. 27.

"Considering the domestic requirement of iron ore pellets, the government has decided to impose an export duty of 5 percent on iron ore pellets," the country’s legislature said in a statement issued this....

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