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Sponge Iron Manufacturers Association The Sponge Iron Manufacturers Association SIMA established in 1992 is an all India apex body of Indian sponge iron industry It is the voice of the indian iron ore based sponge iron & steel industry at both domestic and global forums As a not for profit society SIMA has been mandated to communicate the viewpoints of its constituents & al stakeholders
Some of the sponge iron plants are captive to steel mills but there is a significant domestic merchant market India producing 57% of its crude steel in electric arc furnaces 2021 At integrated mini mills DRI can be hot charged to the EAF at temperatures in the region of 650° C thus making significant energy savings General specifications for DRI ranges % by weight Based on
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Prices for iron ore cargoes with a % iron content for delivery into Tianjin fell below $130 a tonne in the second week of September the lowest since early December and falling further below a record high of $230 in May amid improving supply and curbs on steel production in China The Chinese city of Handan became the latest region to implement restrictions on steel output after provinces
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Sponge iron briquette machine adopts hydraulic drive highly professional integrated valve blocks large flow path making the system less pressure loss good sealing performance 1 The use of cartridge valves and electro hydraulic proportional valve and the unique design of oil way makes use of the hydraulic system is perfect even under heavy load for a long time the system does not appear
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