Mines ministry seeks removal of export duty on iron ore from Goa

Miners have urged the government to help boost sales amid a sharp fall in prices

FP Archives|Feb 02, 2016, 11:47:09 IST

The country's mines ministry has written to the finance ministry to propose scrapping a 10 percent export duty on low-quality iron ore from Goa state, an official said, as miners urge the government to help boost sales amid a sharp fall in prices.Mines Secretary Balvinder Kumar told Reuters he wrote to the finance ministry about two weeks ago, but they are yet to get back. Goa is known for low-grade ore used mainly by Chinese steel mills.A finance ministry spokesman could not immediately be reached for comments.Reuters

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