Bihar Sponge Iron Limited Stock

Bihar Sponge Iron Limited is an India-based company that is engaged in manufacturing and selling of sponge iron. The Company is involved in manufacturing, producing, purchasing, exporting, selling, and dealing of pre-reduced form of iron, including sponge iron. The Company produces sponge iron from three kilns with an installed capacity of 2,10,000 metric tons (MT) per annum. The Company's primary product, sponge iron, is a pre-reduced ferrous material, which is used in the place of steel scrap by secondary steel producers operating induction and electric arc furnaces in the construction and infrastructure sectors. Its plant is located at Umesh Nagar, Chandil, in district Saraikela Kharsawan, Jamshedpur.