The Indian government has imposed restriction on exports of chromium ores from the country, government sources said on Friday, June 23.
The sources said that to restrict chromium ore shipments out of the country, the commodity has been put under ‘restricted list’ which entails that any exporter would need to seek a license from Director General of Foreign Trade (DGFT) prior to every overseas sales.
Chromium ores and concentrates are critical inputs in production of stainless steel and India exported $10.96 million worth of the commodity, mostly to China.