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Dynamite News
Dynamite News
World
DN Bureau

Export Duty On Steel, Iron Ore Cut; Tax On Some Raw Material Imports Hiked

iron ore
Representational Image

New Delhi: The government has cut the export duty on steel products and iron ore with effect from Saturday in order to provide a fillip to the domestic steel industry and boost exports.

Besides, import duty on anthracite, coking coal and ferronickel -- used as raw material in the steel industry -- has been hiked, as per a finance ministry notification issued late on Friday.        

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