Steel safeguard duty to improve domestic cos' profits: Moody's
Moody's on Thursday said the 20 percent safeguard duty on some variants of steel imports is credit positive for domestic producers and will improve their profitability.
Sep 17, 2015, 11:42 AM ISTAround 12 million tonnes of iron ore stuck at Indian ports
Around 12 million tonnes of low-grade iron ore has been stuck at Indian ports for months, stranded as hefty export taxes and plunging prices make higher quality ore more appealing to buyers, said industry and government officials.
Feb 04, 2015, 11:31 AM IST