India's sponge iron production rises 17% y-o-y in CY'23
Indian crude steel production up 11%, where as IF-EAF route registered 13% growth. Domestic scrap generation affected due to GST crackdown. Sponge iron exports rise over 30% y-o-y.
Jan 25, 2024 08:30
India's sponge iron production rises 12% in FY23
Higher crude steel, pellet output boost production. Exports may offer additional support going forward. Further capacity additions under way.
May 04, 2023 08:30
Steelmaking sponge iron prices: China