Jindal urges Indian government to retain 30% chrome ore export tax

摘要

Jindal Stainless is calling on the Indian government to reverse itsdecision to abolish the country’s 30% export duty on chrome ore.The steel group described the decision – which was announced inFebruary as part of the government’s 2016/17 budget – as posing amajor setback for both domestic ferro-chrome producers andstainless steel companies, particularly while ferro-chrome prices arelow.