Tag: Indian metallic mix scenario 2024 Vs. 2023

India’s metallic mix for crude steel production continued to evolve in CY’24, shaped primarily by an 11% y-o-y rise in direct reduced iron (DRI) yield, which far outpaced the 3% y-o-y growth in hot metal output. Last year, 50% of India’s crude steel was produced using hot metal, 29% via DRI, and the remaining 21%…