Ban on Export of Iron Ore.

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..... Ban on Export of Iron Ore.
News and Press Release
Dated:- 2-5-2012

Press Information Bureau Government of India Ministry of Commerce & Industry 02-May-2012 16:01 IST Ban on Export of .....

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..... Iron Ore There is no proposal to ban export of high grade iron-ore. However, the Hon'ble Supreme Court of India, vide its order dated 29th July, 2011, suspended mining operations and transportation .....

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..... of iron ore in Bellary District, Karnataka, in view of over exploitation and subsequently also directed that no part of the iron ore production in Bellary shall be exported till further orders. Expor .....

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..... t duty on both iron ore 'fines' and 'lumps' have been increased to 30% ad valorem w.e.f. 30th December, 2011 and differential railway freight is imposed on iron ore movement meant for exports. There .....

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..... are no estimates of losses on iron-ore exported illegally. This information was given by Shri Jyotiraditya M. Scindia, Minister of State for Commerce, Industry and in written reply to a question in R .....

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..... ajya Sabha today. DS/GK
News - Press release - PIB .....

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