Tag: UAE market slows down

Indian mills withdraw HRC export offers post-govt’s export tax levy

May 24, 2022

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by

Kalpesh Padhiar

in HRC

Government announces export tax on finished steel exports Indian mills withdraw offers from overseas markets Indian steel majors have withdrawn from the overseas markets this week after the government announced a 15% export tax on finished steel products, including hot rolled coils (HRC). The announcement was made late last Saturday, 21 May, 2022. Global market…