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India's sponge iron production rises 12% in FY23

Source: Steelmint May 04, 2023 08:30
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Steelmaking Sponge Iron Global Production
Higher crude steel, pellet output boost production. Exports may offer additional support going forward. Further capacity additions under way.
Morning Brief: India's sponge iron production rose around 12% in financial year 2022-23 (FY23) to over 43 million tonnes (mnt) from 38.60 mnt recorded in FY22, reveals data maintained with SteelMint.   On average, volumes were maintained at around 3.59 mnt per month in FY23 as against 3.21 mnt in the previous

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