Indonesia's Coordinating Ministry for Maritime and Investments Affairs confirmed that the exporting tax on nickel pig iron will be effective this year.
Imposing exporting tax on nickel pig iron is one of orders from Indonesia president Joko Widodo, with the purpose of increasing the mining sales value of this industry.
Nickel pig iron is a semi-finished product from processing nickel ore, and this material is generally used as stainless steel raw material.
Source: YIEH
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