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India’s iron ore exporters still suffering pressure

Sources say that Karnataka state government will lift the ban on iron ore exports from April 20.

However, the India’s iron ore exporters have still face the great pressure. It’s known the India’s government raised the export duty of iron ore to 20% from this March.

Besides, India Railway increased the transportation fee by INR100/ton to INR1, 600/ton. These actions have brought severe difficulties to India’s iron ore exporters.