India scraps export tax on low-grade iron ore, some steel intermediates; details here
Updated: 19 Nov 2022, 10:45 AM IST
TL;DR.The move, set out in a notification issued late on Friday, reverses the imposition in May of a 50% tax on exports of iron-ore lumps and fines with less than 58% iron content.
FILE PHOTO: Employees are seen at the Bedara Bhommanahalli (BBH) iron ore mines at Chitradurga in the southern Indian state of Karnataka November 9, 2012. REUTERS/Danish Siddiqui/File Photo