Global DRI output up four percent in February

Monday, 23 March 2015 16:29:33 (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 5.11 million metric tons in February this year, increasing by 3.97 percent year on year and down 3.93 percent month on month.
 
Meanwhile, world DRI output came to 10.43 million metric tons in the first two months of this year, increasing by seven percent compared to the corresponding period of 2014.
 
The worldsteel data show that India was the largest DRI producer among the countries surveyed in February this year. India's estimated DRI output was 1.46 million metric tons in the given month, increasing by 22.6 percent year on year. India was followed by Iran, Mexico and Saudi Arabia in February, with estimated outputs of 1.45 million mt, 475,000 mt and 413,000 mt respectively.


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