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INDIAN GOVT TO LOOK INTO BANNING IRON ORE EXPORTS.

AsiaPulse News

| June 02, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

JAMSHEDPUR, June 2 Asia Pulse - The Indian government is "looking into" the issue of banning iron ore exports as demanded by the steel makers, Steel Secretary R S Pandey said on Saturday.

"The issue was being looked into by the government," Pandey told reporters on the sidelines of a function here.

Expressing concern over lagging steel production in the country against rising consumption, Pandey said that India had emerged as a net importer of steel for the first time in 2007-08, adding that the situation was going to worsen in the next two to three years.

Pandey said that all estimates regarding consumption and ...

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