Tag: Sponge plants iron ore sourcing
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Major Indian Sponge Plants Sourcing of Iron Ore Down by 8% in Jun’16
Iron ore sourcing of 12 major sponge plants in India has fallen by 8% M-o-M in Jun’16. They sourced 2.42 MnT iron ore in Jun’16 compared to 2.63 MnT in May’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.…