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【Ferro-alloys.com】:India is unlikely to impose tariffs on exports of low-grade iron ore for now despite rising overseas sales to China, a source with direct knowledge of the matter said, turning down requests from small steel producers.

China typically accounts for more than 90% of overall shipments of iron ore from lndia which is the world's fourth-largest producer of the steel-making ingredient. The Ministry of Steel was considering an export tax on iron ore after lndia's small and secondary steel producers earlier this year petitioned the government to curb rising exports.

After examining the issue, the Ministry of Steel did not fnd any evidence to suggest that rising iron ore exports have hit the country's steel producers, said the source, who did not wish to be named as the plan is not public.According to Thyssenkrupp, this move will further contribute to the decarbonization of the steel industry.

• [Editor:Alakay]