Looking at the demand supply situation of chrome ore in India the Union Government re examined its export policy and in the Union Budget 2024 17 announced removal of duty on chrome ore since 1 Mar 16 which stood at 30%
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Chrome ore deposits are mined by both underground and surface techniques Most chrome ore must be processed by the chrome ore processing plants
Finnish ferro chrome producer Outokumpu will invest 250 million $293 million in 2024 2024 to secure continuous chrome ore supply from its Kemi mine in Finland for the coming decades the company said
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Chrome ore suppliers are eager for higher prices while chrome ore buyers want to buy at lower prices Large chrome ore miners are producing with stable quantity And some Ferrochrome plants are built in Iran Chrome ore miners have more choice now they can ship to China and they can sell to local producers Now it costs 50 dollar to
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