<h1>India Raises Iron Ore Export Duty to 30% in 2011 to Boost Domestic Supply; Coking Coal Imports Stay Duty-Free.</h1> During 2011-12, India's iron ore production was 169.66 million tonnes, surpassing the domestic consumption of approximately 116.3 million tonnes by the iron and steel industry. The international market saw a decline in hard coking coal prices from $310 per tonne in June 2011 to $145 per tonne in October 2012. To enhance domestic iron ore availability at affordable prices, the government increased the export duty on iron ore from 20% to 30% ad valorem, excluding pellets, effective December 30, 2011. Import duties on coking and steam coal remain at zero.