mar 22nd, 2007
darn, nothing stops these fellows from sending iron ore to china!
---------- Forwarded message ----------
From: Shankar
No wonder, Indian Steel makers are now demanding doubling of export duties on iron ore.
Iron ore exports surge despite levy
Alok Sharma & Rishi Raj
New Delhi, Mar 19 Iron ore exports are projected to surge 34% in March despite a tax of Rs 300 a tonne imposed by finance minister P Chidambaram on February 28. Data available with Indian Ports Association (IPA) for March 1-15 reveal that exports were almost 77% of the last year's monthly average.
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The steel industry on Monday urged UPA chairperson Sonia Gandhi and Prime Minister Manmohan Singh to cap iron ore exports to 90 million tonne this year and further reduce it 15% every year.
URL: http://www.financialexpress.com/fe_full_story.php?content_id=158380
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