Global DRI output down 4.6 percent in July

Friday, 22 August 2014 12:30:49 (GMT+3)   |   Istanbul
       

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 4.8 million metric tons in July this year, decreasing by 4.59 percent year on year and up 1.18 percent month on month.
 
Meanwhile, world DRI output came to 33.72 million metric tons in the first seven months of this year, decreasing by 1.56 percent compared to the corresponding period of 2013.
 
The worldsteel data show that India was the largest DRI producer among the countries surveyed in June this year. India's estimated DRI output was 1.29 million metric tons in the given month, increasing by 7.17 percent year on year. India was followed by Iran, Mexico and Saudi Arabia in July, with estimated outputs of 1.28 million mt, 520,000 mt and 480,000 mt respectively.

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