 "iron ore")
Ahead of the Budget for FY21, merchant miners have called for waiver of 30 per cent export duty on iron ore with Fe grade between 58 to 62 per cent.
Miners through Federation of Indian Mineral Industries (Fimi), have stressed on exemption of the steep export tax since there were hardly any takers for baser grade ore within the country. Steel manufacturers opted for richer grade ore to keep in check the costs of steel making.
Amid such lukewarm demand for lower grade ore in the domestic market, exports seemed to be the only viable outlet.
In its pre-Budget memorandum
