Tag: Sponge plants iron ore sourcing
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India: Iron Ore Sourcing of Major Sponge Plants Down 3% in Dec’16
India’s 12 major sponge iron plants iron ore sourcing fell last month. They sourced 3.46 MnT iron ore in Dec’16 compared to 3.57 MnT in Nov’16, down 3% M-o-M. India’s sponge iron capacity is 47 MnT in FY16 out of which top sponge makers contribute the major part in India’s sponge iron production. SteelMint has…