Innovations - Key to Survival and Sustainable Growth of Indian DRI industry

摘要

Indian DRI industry's growth journey started with the initiative of Ministry of Steel when they set up a demonstration plant at Paloncha in 1980 with the assistance of UNDP to test the suitability of Indian iron ore and non-coking coal for the production of DRI. The basic reason for this move was second highest foreign exchange outgo in the form of import of steel melting scrap which is alternate to the DRI.