The Market Regulation Working Group approved the extension of export licenses for intermediate steel and steel products for two months (until December 22, 2015), meaning that steel export licenses were extended for two months, according to Metal News.
The request of the Deputy Minister of Mines and Mineral Industries of the Ministry of Industry, Mine and Trade to prevent the export of steel units, most of which have not complied with the 70% supply floor of production, if applied, more than 70% of the units will be removed from the export list, which has also been raised at the meeting of the Market Regulation Working Group.
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