SteelMint

Author: Romil Sethi

  • Nepal sponge iron imports hit all-time high in CY’22

    Nepal sponge iron imports hit all-time high in CY’22

    —

    by

    Romil Sethi
    in

    Nepal’s sponge iron imports hit an all-time high of over 500,000t last year, reveals data maintained with SteelMint. Over January-December, 2022, volumes rose over 108% y-o-y. Sponge iron, also known as direct reduced iron (DRI), is a crucial component in the production of steel. In recent years, Nepal has seen a significant rise in sponge…