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04 Nov
16:10

Iran mulls further iron ore export duty increase

Iranian Mines and Mining Industries Development and Renovation Organization (Imidro) chairman Khodadad Gharibpour says Iran’s 25% iron ore export duty is likely to be increased. This is because it is not enough of a deterrent to prevent iron ore exports. He was speaking after Imidro supplied Esfahan Steel (Esco) with 1.75 million tonnes of iron ore after the steelmaker struggled to secure supply. According to Gharibpour, Iranian iron ore companies should n…
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