The Indian government has slapped a 5% export duty on iron ore pellets to counter flight of the material out of the country, which was resulting in its shortage at steel mills. Pellet-makers and the pro-mining lobby say this is a retrograde step. Meanwhile, demand for pellets has increased from the steel-makers, which is pushing up prices of the material.
Steel Insights is India's premier and widely read monthly magazine on steel and metallurgical industry published by mjunction services ltd (A JV of Tata Steel and SAIL).It delves into the various facets of the domestic and global steel industry, such as market fundamentals, raw material price trends, price forecasts, upcoming projects, corporate updates and international trade and logistics issues.It also includes an incisive analysis of news on steel and allied industries, as well as expert opinions on relevant topics and interviews of industry stalwarts on a regular basis. Also includes daily news headlines & daily newsletter on Steel Industry
