Author: Prashasti Giri
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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 Production of direct reduced iron (DRI), or sponge iron, in India increased by an impressive 17% y-o-y to around 49 million tonnes (mnt) in calendar year 2023…