Tag: direct reduced iron FY25
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India: Lloyds Metals’ iron ore output remains steady y-o-y in FY’25; DRI production hits record high
Lloyds Metals and Energy produced 10 mnt of iron ore in FY’25, unchanged from the previous fiscal year. Meanwhile, direct reduced iron (DRI) production stood at 308,243 t in FY’25, higher by 18% as against 261,836 t in the year-ago period. This marks the company’s highest-ever sponge iron production in a fiscal year.