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India urges for prohibition of chrome ore exports

It is reported that even though Indian government has imposed several restrictions against exported chrome ore, it is now calling for a total ban for the first time.

Indian government's proposal came months after South Africa, the world's largest exporter of chrome, said it wanted to ban chrome exports to China.

India is the world's third largest chrome exporter. Along with Kazakhstan, the world’s second largest producer, the three countries account for around 80% of the world’s production of chromite ore, which is used to make stainless steel to pigments to finish metals to plating.

Meanwhile, the country owns roughly 50 million tons of charge chrome grade ore but its reserves are said to have diminished to 38 million tons.