Bhushan Steel & Strip expects to benefit from hike in export duty on iron ore.
In an interview to CNBC-TV18, Neeraj Singal, managing director of the company said, "It will help Bhushan will Steel because duty will go up on iron ore and there will be more availability. Also, iron ore prices are likely to come down." Its proposed steel project in West Bengal is on hold due land acquisition issues. "I donDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
