Tag: ferro nickle
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India: Govt imposes export duty on stainless steel, removes ferro-nickel import duty
15% duty to be levied on stainless steel flat and long product exports Existing 2.5% import duty on ferro nickel waived off In a very significant development late on 21 May 2022, Indian government has imposed hefty export duties on stainless steel in a bid to preserve higher domestic supplies and control rising prices. The…