Indian govt develops policy for low-grade iron ore beneficiation in steel production within 3 months.
The Indian government is developing a policy for low-grade iron ore beneficiation, aiming to increase the usage of iron ore with less iron content in steel production. Steel Secretary Nagendra Nath Sinha expects the policy to be completed within three months, with potential royalty concessions. Low-grade iron ore, containing 64% Fe or less, currently adds to steel production costs due to the need for beneficiation.
May 17, 2024
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