Tag: India’s Sponge Iron Production Rises 18% in FY’24
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India’s Sponge Iron Production Rises 18% in FY’24
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 44 mnt. Factors which led to higher sponge iron production in FY’24 is rise in India’s crude steel production. India’s crude steel production increased 13%…