(Bloomberg) — A coal crisis in India has forced the country’s sponge iron
producers to scour the planet for supplies to keep their mills running as they
are deprived of the fossil fuel at home.
“Because this is
not a one-day situation. This will remain forever. This will remain in December
also and next March also and next June also,” Sharma said. “The faster the
mines start production, the better it is for the country.”