India to prohibit iron ore exports -Jiwa Mines and Minerals

Indian steel minister manmohan singh Nashville ba Della on October 29, said the country should prohibit iron ore exports, in order to ensure that the domestic supply. India is the world’s third largest iron ore exporter, is also emerging steel producer. Singh had forecast, the 2012 steel production will increase from the current 7,200 tons to 1.2 million tons.

Jiwa Mines and Minerals , Dr Shiv Raghavendra Gowda, Jiwa Mines and Minerals
, Mr raghavendra shive gowda,Jiwa Mines India,

Singh 29 in new Delhi on a BBS, says India needs to increase the iron ore supply to meet domestic steel factory production needs, so the state-owned necessary banned iron ore overseas shipping. This is not the first time singh proposed iron ore export prohibitions theory. In may this year, singh said will be in when necessary to consider banning iron ore exports. And in the middle of October 2003, singh requirements will increase to iron ore export duty 20%, to ensure that domestic steel factory needs. He says, the domestic steel industry is developing rapidly, need more and more iron ore, India will become the world’s leading steel producer. It is reported, the Indian government at present to iron ore and powder grinding stones were imposed by 15% and export tax 5%.

Analysts believe that India banned iron ore exports already was do-or-die things, because India’s domestic demand for iron ore in recent surge situation. While cease-and-desist order will undoubtedly helped make global iron ore market competition more hasten is intense, Australian and Brazilian iron ore export prices again understanding will into rut. Iron ore giant Brazil CVRD said last week, the iron ore new surces deficient and Chinese demand growth in demand for iron ore, global influence in the near future will remain “tense”. Also, it is in the medium term, India will play push the high iron ore prices “related role”

Jiwa Mines and Minerals , Dr Shiv Raghavendra Gowda, Jiwa Mines and Minerals
, Mr raghavendra shive gowda,Jiwa Mines India,

About Dr Shiv Raghavendra Gowda

Dr.Raghavendra Gowda is basically from Karnataka. He has done his doctrate in Phyisotherapy from Karnataka Dr.Raghavendra Gowda then moved to the state of Goa & forayed into the Mining Business. Dr.Raghavedra Gowda got into the Iron Ore Mining Business in around 2005 operating in both the states of Goa & Maharashtra. Dr.Gowda is the founding chairman for Jiwa Mines & Minerals Ltd,a public limited company incorporated in Goa. Dr.Gowda is the founder of the Balajee Group,a holding company which has companies under it today in China, Hongkong,United Kingdom & the United States. He is into trading Gas & Oil from his US based company. He is into trading minerals from his UK & Hongkong based company. Dr.Gowda is one of the few businessmen to have a Joint Venture with a Chineese based Steel Manufacturing company to supply exclusive High Grade Iron Ore. At the age of only 31 years he has achieved a lot in his business already. Dr.Gowda is a completely self-made man as he comes from a very humble background. Dr.Gowda is a happily married man with a 2 year old daughter. Dr.Gowda is known his business circle for his humility & simplicity. Dr.Gowda is very well known for his charitable nature & is a very generous donor amongst the major temples in the south of India including the erstwhile Tirupati Balaji Temple. Dr.Gowda also is involved in major charities looking after the destitutes in Goa & Maharashtra. Dr.Gowda is known amongst his rivals in business to be a man of few words but prompt in action & delivery. Dr.Gowda has sadly attracted a lot of jealous competitors also along the way who don’t like his success at a relatively young age & are always looking for a way to spoil his credentials.But he has taken such things in his stride & never let such cheap gimmicks affect him in any way.He has always come out clean no matter how much his rivals/detractors have tried to trouble him. Though closely associated with a major political family dr.gowda has been careful never to take undue advantage of that & infact has gone out of the way to ensure that most times.
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