Author: Romil Sethi
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India’s sponge iron production rises 18% in FY’24, IF mills boost growth
Increased sponge iron exports add to output growth Costlier domestic scrap makes sponge more viable DRI output to rise amid carbon emission concerns Morning Brief: India’s sponge iron production registered an 18% increase to nearly 52 million tonnes (mnt) in financial year 2023-24 (FY’24), reveals data maintained with BigMint. Volumes in FY’23 had touched around…