CAPPING IRON ORE PRICES : A myopic view

INDIA’S beleaguered iron ore mining industry is lurching towards yet another crisis. After being battered with production cap, environment-related clampdowns, labyrinth of taxes and duties and export restrictions, the threat of a price ceiling for domestic iron ore producers looms large. Reason: the government wants to ensure cheaper iron ore supplies to steel manufacturers “reeling” under high material costs to rein in prices of finished steel products.

http://www.gfilesindia.com/capping-iron-ore-prices-a-myopic-view/

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About gfilesmagazine

gfiles is the country's first independent magazine written, designed and produced for India's civil services—the vast and formidable network of bureaucracies and public sector organisations that provides continuity and stability to this nation's governance.
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