Tag: Pellet Export
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India’s merchant pellet production may drop by 10-15% in FY’23
Exports just about 14-15% of total production Majority of pellet consumption is by captive producers Merchant mills to be the worst hit Duty to impact industry’s capacity utilisation Morning Brief: The Indian government has recently imposed a steep 45% export duty on iron ore pellets from none previously with the objective to control inflation and…