UPDATE 2-India should phase out iron ore exports - minister


(Changes dateline, adds mining industry comment, background) By Jonathan Allen NEW DELHI, Sept 28 (Reuters) - India should gradually phase out exports of iron ore as local demand is rising, its steel minister said on Thursday, weeks after an expert panel called for an export levy to be imposed on purer ores. Exporters say India has enough iron ore reserves to meet both domestic and export demand, but steel makers argue the country should process the raw material and export value-added ...

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