IRON-ORE
The Indian government is planning several measures to alleviate raw material supply issues experienced by steel producers, including stepping up iron-ore mine auctions, earmarking a portion of domestic iron-ore production for local steel mills and reforming the ‘inverted import duty’ structure. India’s Mines Ministry is proactively pushing provinces to increase the number of iron-ore blocks up for auction and to ensure higher volumes of raw material availability to domestic steel producers.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access
