India: Tata Sponge Iron Reports Decline in Profit in Q2 FY19
Mining News Pro - Tata Sponge iron - one of the largest sponge producers in Eastern India has released its quarterly results on 12th October, in which the company reported decline in consolidated profit margins in the second quarter (Q2) of FY19.
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India: Tata Sponge Eyes to Participate in Upcoming Odisha Block Auctions
Mining News Pro - In order to ensure raw material security, the company plans to participate in iron ore block auctions to secure captive mines. Currently it is primarily sourcing ore from Tata Steel.
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Visit: 1030
Tata Sponge Production Increases by 7 percent on Improved Efficiency
Mining News - Tata Sponge has renovated one of the kiln, which is giving them a better output/Increased usage of imported coal which enhanced their productivity
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