Tag: FERRO ALLOY
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As Sanctions Cloud Hangs over Iran & Rial falls, a New Opportunity Emerges for Indian Ferro Alloy Companies?
India is one of the major exporters of ferroalloys to Iran and, in turn, sources crude oil from the Islamic Republic. Now, with the cloud of sanctions hovering over bilateral trade between India and Iran, the safest route would be to switch over to the barter mode of commodity exchange, as financial transactions involve high…