Tag: India: How will the govt’s new duty structure impact the steel; raw materials markets?

The Indian government announced steep tariffs on eight steel items as well as iron ore and pellets late on 21 May’22, which is likely to lead to a decline in domestic prices of steel and steelmaking raw materials, SteelMint understands. The export tariff on hot- and cold-rolled alloy and non-alloy flat steel products, bars, angles…