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iron ore to sponge iron process

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Feb 05, 2021 Iron ore prices have increased tremendously this year, sometimes twice or thrice in a month, impacting the financial performance of sponge iron producers. They are being forced to increase sponge iron prices in the process. “If the price of iron ore is increased by INR 500 per tonne, then the cost of production of sponge iron will increase by ...

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