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19 Nov
00:00

Iran steelmaker criticises iron ore pellet export duty reduction: report

The managing director of slab producer Hormozgan Steel, part of Iran’s largest steelmaker Mobarakeh Steel, has criticised the recent decision by Iranian authorities to reduce the iron ore pellet export duty from 30% to 15%. Raw materials shortages and the steel market downturn are the main factors currently threatening the survival of Iran’s steel industry, Morteza Aghajani tells specialist steel news agency Foolad News. Hormozgan has continued t…
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