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***INDIAN STEEL CONF: China not limiting imports of less than 60% Fe ore sold direct to mills, says Sesa Goa

May 26, 2010 - 17:03 GMT Location: Mumbai

KEYWORDS: China , iron ore , Sesa Goa , quarterly contracts

The Chinese government has not extended its ban on imports of iron ore with Fe content less than 60% to material Chinese mills purchase directly from suppliers, Sesa Goa md PK Mukherjee told MB on the sidelines of its 6th Indian Steel conference in Mumbai.

While as much as 65% of the company’s export tonnage contains less than 60% Fe, the company will feel little impact from the ban because it sells the majority of its...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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