India's iron ore tariff plan faces setbacks: import supply expected to remain stable

Source: Mysteel Oct 17, 2025 14:35

On September 8, 2025, reports emerged that the Indian government was planning to impose a 30% export duty on low-grade iron ore (Fe 58%), with implementation scheduled to begin in October. The move was reportedly aimed at prioritizing domestic supply for Indian steelmakers and curbing steel production costs. According to recent government statements, the policy was intended to boost domestic iron ore output, reduce input costs for steel producers, and enhance the international competitiveness of Indian steel exports by improving cost efficiency.

However, in the face of strong opposition from India's mining sector, the government postponed the implementation of the proposed export duty on September 19. The delay reflects growing uncertainty and resistance within the domestic industry. Given the political and industrial headwinds, the proposed tariff is expected to face significant implementation challenges, and

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