Jindal urges Indian government to retain 30% chrome ore export tax

Jindal Stainless is calling on the Indian government to reverse its decision to abolish the country’s 30% export duty on chrome ore.

The steel group described the decision – which was announced in February as part of the government’s 2016/17 budget – as posing a major setback for both domestic ferro-chrome producers and stainless steel companies, particularly while ferro-chrome prices are low. "The government must review its decision in...

Published

Janie Davies

April 13, 2016

15:09 GMT

London