Tag: Iron
-
What is the future of Indian Sponge Iron Industry?
India continues to be world’s largest Sponge iron producer for over a decade now. However, capacity utilization has been just above 50% owing to restricted supply of Iron ore and other mining concerns. India’s Sponge iron production was about 24 MnT in FY14, up by 25% from the previous financial year. Sponge iron industry is…