Intel Details

No revision in iron ore & pellet export duties in the recent budget

Fines/Lumps
1 Feb 2021, 15:40 IST
Steel Mint Intel

Indian govt has kept duty structure unchanged in budget presented today. Export duty on pellet and low grade iron ore fines (less than Fe 58%) continues to remain nil. Indian pellet exports were recorded at 13.32 mn t in CY'20, as per data maintained with SteelMint. Indian iron ore export shipments increased to 40.72 mn t in CY'20, up more than two folds on yearly basis as compared to 19.14 mn t in CY?19.

1 Feb 2021, 15:40 IST
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