Wed Mar 30, 2011 7:52am GMT
MUMBAI, March 30 (Reuters) - Indian Railways will levy a "busy season charge" of 7 percent on iron ore freight rates from April 1 to June 30, and from Oct. 1 to March 31, the state-owned transporter said in a statement.
India, the third biggest exporter of iron ore, had hiked railway freight rates by 100 rupees to 1,600 rupees per tonne from March 3.
The railways has also levied a busy season charge of 5 percent on coal and coke group.
Tags : Indian iron ore prices, raw material, power plant, steel mills
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