India exports 10.75 lakh tonnes iron ore in Apr-Oct
India had exported 74.90 lakh tonnes of iron ore in FY 2014-15 Source: PTI The long-term availability of iron ore for the domestic steel industry cannot be achieved by banning or capping the export, said Minister of State for Steel and Mines Vishnu Deo Sai Country's iron ore exports stood at 10.75 lakh tonnes in the April-October period of this fiscal, Parliament was informed on Monday. As per provisional data, the country exported 10.75 lakh tonnes of iron ore in the first seven months of FY2015-16, Minister of State for Steel and Mines Vishnu Deo Sai said in a written reply to the Lok Sabha. The country had exported 74.90 lakh tonnes of iron ore in FY 2014-15, the minister said. Deo further said that ...
Not enough ground to hike import duty on copper: Minister
The Dollar Business Bureau During April-August 2015, China supplied the largest chunk of 69,942 tonnes of copper to India The government will not raise the import duty on copper even though it is “keeping a close watch” on the inbound shipment of the metal, said Minister of State for Steel and Mines Vishnu Deo Sai. The minister, while responding to a query in the Lok Sabha on Monday, said that the country has exported refined copper worth $912 million between April and August this year and “import is not more than export” during the period. The statement came amid concern over rising import of the metal, especially from ASEAN countries that have free trade pacts with India. According to the ...
