Tag: India.exports

Indian DRI Export Doubles in 2017, likely to Swell Further

Mar 13, 2018

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by

Admin Operation

in Sponge Iron

In the light of fresh Induction furnace capacity expansions in the neighboring Nations and a considerable rise in ferrous scrap prices, exports of Direct Reduced Iron (DRI) or Sponge Iron from India has witnessed phenomenal rise over the last year, rising by almost 85 % in 2017. If current market trends are to be brought…