India withdraws export duty on steel

Posted on   9:55 am

The government has withdrawn the export duty on iron ore lumps and fines with below 58 per cent iron content, iron ore pellets and the specified steel products including pig iron, with effect from Saturday, November 19, 2022.

Moody’s closing its consulting business in China

Posted on   9:52 am

The US-headquartered credit rating firm, Moody’s Corp is shutting it’s China consulting business and is laying off its staff. Two people with knowledge of the matter said that Moody’s Corp is laying off people associated with the unit in multiple locations across the country, reported The News International.