Home | Contact Us | Sitemap |  Login  / Register
Brief Report of 11th Foundry CEOs Meet on 6th April, 2018 at Hotel Radisson, Coimbatore   Removal of Requirement of PQ Certification for import of sand by Govt.   Anti Subsidy imposed on Castings imported from China for Wind Mill Generators   Brief report of the 64th Indian Foundry Congress   Brief Report of the 5th CEOs Meet - Mumbai held on 12th April 2016

News and Events

India cuts railway freight on iron ore exports by 16pct

India has reduced the railway freight on iron ore meant for exports by 16% effective Tuesday.

Mr HC Daga VP of Federation of Indian Mineral Industries said that the new freight has been set at INR 2,425 rupees per tonne of iron ore, down by INR 475 from the previous freight cost.

He said “Exports of iron ore had already become unviable and this is a beginning in right direction, but it needs to be reduced much more.”

India hiked iron ore export duties to 30% in January to conserve supplies for its own steel industry.

« Back

Upcoming Events