Iran to lift iron ore export duty up to 25% this month

摘要

Iran has lifted the export duty on iron ore from 10% to 20%-25% starting September 23in a bid to reduce shipments of the steelmaking raw material, according to a governmentwebsite.The export duty on iron ore is currently 10% but it does not include pellets. Details on howthe new duties will be implemented have not yet been released.Exports were restricted by the government in August and miners must now obtainpermission before making any shipments.