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According to the data released by the World Steel Association (WORLDSTEEL), the production of direct reduced iron (DRI) in 13 countries globally accounts for approximately 91.5% of the total world DRI production in 2023.
As of April this year, the production of DRI in the world was 9.32 million metric tonnes, showing a drop of 2.6% month on month and a decline of 12.6% year on year.
The global DRI output, meanwhile, increased by 1.7% from January to April of this year to 37.43 million metric tonnes, exceeding the equivalent period of 2023.
The worldsteel data reveal that India was the largest DRI producer among the countries surveyed in April this year. India’s DRI output amounted to 4.41 million metric tonnes in the given month.
India was followed by Iran, Russia and Egypt in April, with outputs of 1.87 million MT, 715,000 mt and 582,000 MT respectively.
Also Read : India cuts rolled steel exports to six-month low in May India working to develop own pure-hydrogen based DRI tech for green-steel making
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