Trade Resources Industry Views Global Direct Reduced Iron Production Accounting for Approximately 87 Percent in Aug

Global Direct Reduced Iron Production Accounting for Approximately 87 Percent in Aug

Tags: DRI Output, Steel

According to the data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 14 countries accounting for approximately 87 percent of total world DRI production in 2013 amounted to 4.9 million metric tons in August this year, decreasing by 3.68 percent year on year and up 2.13 percent month on month.

Meanwhile, world DRI output came to 40.29 million metric tons in the first eight months of this year, increasing by 2.41 percent compared to the corresponding period of 2013.

The worldsteel data show that India was the largest DRI producer among the countries surveyed in August this year. India's estimated DRI output was 1.48 million metric tons in the given month, increasing by 18.39 percent year on year. India was followed by Iran, Mexico and Saudi Arabia in August, with estimated outputs of 1.26 million mt, 470,000 mt and 469,000 mt respectively.

Source: http://www.steelorbis.com/steel-news/latest-news/global-dri-output-down-37-percent-in-august-847124.htm
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Global DRI Output Down 3.7 Percent in August
Topics: Metallurgy