Tag: Steel making
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India’s Steelmaking raw material forecast for FY’25
India’s crude steel production is expected to grow by a moderate 6% to 152 million tonnes (mnt) by end of financial year 2024-25 (FY’25), as per BigMint’s forecast.Volumes in FY’24, it may be recalled, were at 144 mnt.The 6% rise in crude steel consumption envisages a 9% increase in hot metal production to 95 mnt…