Tag: Sponge plants iron ore sourcing
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Major Sponge Plants Significantly Increased Iron Ore Sourcing in Sept’16
India’s 12 major sponge iron plants raised iron ore sourcing by 24% M-o-M from 2.46 MnT in Aug’16 to 3.06 MnT in Sept’16. 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 tried to analyze iron ore sourcing…