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Indian Steel Association writes to PM defending price hike

New Delhi -- Prominent trade body Indian Steel Association has written to the prime minister's office, asking for a ban on export of iron ore to help improve the raw material's supply to steel mills.
"A temporary ban of iron ore export for a six month period till the situation stabilizes, is the need of the hour...," the letter, addressed to principal secretary to prime minister, PK Mishra said. A copy of the letter dated Dec 28 was seen by SteelMint. Iron ore prices have shot up


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