Author: Admin Operation
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India’s leading steelmakers expand captive iron ore capacity by nearly 30% since Mar’20
Share of merchant iron ore capacity drops 3% since Mar’20 State-owned merchant miners increase capacity rapidly Steel mills paying high premiums for large reserves, high-grade ore India’s current iron ore capacity has increased to around 376 million tonnes (mnt), a growth of 7% from 350 mnt before March 2020 – the defining moment in the…