Global DRI output down 4.7 percent in 2014

Friday, 23 January 2015 15:43:19 (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 5 million metric tons in December 2014, increasing by 2.4 percent year on year and down 1.3 percent month on month.
 
Meanwhile, world DRI output came to 60.52 million metric tons in 2014, declining by 4.7 percent compared to the previous year.
 
The worldsteel data show that India was the largest DRI producer among the countries surveyed in December 2014. India's estimated DRI output was 1.43 million metric tons in the given month, decreasing by 6.15 percent year on year. India was followed by Iran, Saudi Arabia and Mexico in December, with estimated outputs of 1.2 million mt, 523,000 mt and 445,000 mt respectively.

Similar articles

Mexican domestic scrap prices

28 Mar | Scrap & Raw Materials

Carbon and stainless scrap prices in Taiwanese domestic market - week 13, 2024

28 Mar | Scrap & Raw Materials

Turkey’s deep sea scrap prices stabilize at $385-390/mt CFR

28 Mar | Scrap & Raw Materials

Iron ore prices drop by over $9//mt week on week, mood remains bad

28 Mar | Scrap & Raw Materials

Goa government to ease policy for liquidating iron ore dumps lying on private land

28 Mar | Steel News

Ex-Brazil BPI exporters achieve slight rise in latest deals to US amid better scrap sentiment

28 Mar | Scrap & Raw Materials

Global DRI output up 7.6 percent in February

28 Mar | Steel News

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet

CISA: Coking coal purchase cost in China down 9.86% in Jan-Feb

28 Mar | Steel News

MOC: Average steel prices in China down slightly during Mar 18-24

28 Mar | Steel News