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India imposes up to 50% export taxes on iron ore, stainless steel, steel23 May 2022 – India has imposed new export taxes on iron ore, stainless steel and steel on 21 May 2022, some of them of up to 50%. According to the Indian government, to keep important raw materials in the country. The International Energy Agency (IEA) pointed out in a report last week that commodity prices are rising at a record pace – especially for metals and clean energy minerals. Source