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India to raise tax on iron ore exports

Source: Internet
Author: User
Keywords Iron and steel iron ore exporter export tax
Tags change export export markets exports expressed high higher turn
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This report (intern reporter Dongchangqing) as the third largest importer of iron ore in China, India's iron ore supply may be change--Virbhadra Singh, India's steel minister, told India's Tribune that the Ministry of Steel had proposed higher iron ore export taxes to turn India from iron ore exporters into high-value exporters.　　, but he did not disclose the specific amount of tax increases. The reaction to the Steel Ministry's proposal to raise the export tax was mixed. Indian steelmakers have expressed support, and mining companies claim that India's ore reserves meet the needs of both domestic and export markets.

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