Local Prices News Today

Smaller steelmakers in India seek a ban on iron ore exports after a 170% surge in sales to Chinese mills inflated local prices. Fearing industry shutdowns, lobby groups from major manufacturing states request government restrictions. Second-tier producers, constituting 40% of national output, face higher input costs than top mills. Any export limits could support iron ore prices

The average price of a gallon of regular unleaded gas in the Killeen-Temple-Fort Cavazos area has climbed up from last week, according to AAA.

The Centre has prohibited the export of non-basmati rice to curb price rise in the domestic market, the food department said in a statement. Retail prices of non-basmati rice have increased 3% in the past one month and 11.5% in the past year despite the imposition of 20% export duty since September 2022 to lower prices as well ensure availability in the domestic market.

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