Tag: BIS
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Less than 50% Indian Induction Units registered for BIS
Indian secondary steel makers are going through a turbulence time after Indian steel ministry has made BIS mandatory for secondary steel makers, which contributes to almost 40% of India’s total crude steel production of 78 MnT. These players produce steel through Electric Induction Furnace (EIF) or Electric Arc Furnace (EAF) route, which uses Scrap & Sponge…