Author: Seema Goenka
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Indian Government to reduce Export Duty on low-grade Iron Ore to 10% w.e.f 01 June
The decision has been taken, looking at halt in exports from India’s top Iron ore exporting state Goa prior to mining ban and constant decline in Chinese spot Iron ore fines prices. Since, Nov’14, Iron ore sale via e-auction route in Goa has been kept on hold. 10.1 MnT of Iron ore stockpile is yet…