Asia gears up for influx of Indian iron ore, steel after export duties lifted

Asian ferrous markets are preparing for the resumption of Indian iron ore and steel sales following the removal of export tariffs from a raft of Indian products, with the influx of material likely to have an impact on prices and product movements worldwide.

India said on Friday November 18 that it would remove export duties for iron ore with less than 58% Fe and for iron ore pellets. It also said that for...

Published

Lee Allen

Paul Lim

Tianran Zhao

Zihuan Pan

Norman Fong

Holly Chant

November 22, 2022

15:48 GMT

London, Shanghai, Singapore