Articles Tagged "budget"

India’s Iron Ore Steady, Braces for Export Tax Hike

India’s iron ore prices were steady on Friday compared with the previous day, on strong Chinese inquiries but trading was limited by a port strike and a looming tax hike in the upcoming budget. Rakesh Jain, export manager of Steer Overseas Pvt Ltd in Bhubaneswar in eastern India, stated: We have not booked any orders [...]

Australian Govt. Backing Supports Iron

By Kishori Krishnan Exclusive To Iron Investing News Shares in WA’s mid-west iron ore miners and explorers lifted after the Federal Government committed $339 million towards the $4 billion Oakajee port. The government matched funding offered by the WA state government in its 2009/10 federal budget handed down on Tuesday, bringing the total government commitment [...]