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India likely to tweak iron ore fines grades to lower incidence of export tax

Creamer Media Correspondent
The Indian government is considering more gradations in iron-ore fines, based on ferrous content that will offer partial relief from incidence of export tax. The Mines Ministry has constituted a committee to review the existing export duty structure on iron-ore fines and to reconcile conflicting demands from various segments of the mining and steel producing sectors.

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