World DRI output up 8.3 percent in July

Thursday, 22 August 2013 12:32:27 (GMT+3)   |   Istanbul
       

According to the preliminary data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 13 countries accounting for approximately 82 percent of total world DRI production in 2012 amounted to 5.2 million metric tons in July this year, increasing by 4.4 percent as compared to the previous month and up by 8.3 percent year on year.

Meanwhile, world DRI output came to 35.2 million metric tons in the first seven months of this year, increasing by 4.4 percent compared to the corresponding period of 2012.

The worldsteel data show that India was again the largest DRI producer among the countries surveyed in July this year. India's estimated DRI output was 1.6 million metric tons in the given period, decreasing by 4.9 percent year on year. India was followed by Iran, Mexico and Saudi Arabia in July, with estimated outputs of 1.3 million mt, 515,000 mt and 406,000 mt respectively. A 44 percent year-on year increase was recorded in Iran's DRI production in the month in question, while Mexico's DRI output was down 12.5 percent compared to July 2012.


Similar articles

Brazilian high-grade iron ore price declines week-on-week

23 Apr | Scrap & Raw Materials

Canadian iron ore production down 1.0 percent in February

23 Apr | Steel News

Turkey’s import scrap market moves up in a slow pace

23 Apr | Scrap & Raw Materials

Daily iron ore prices CFR China - April 23, 2024

23 Apr | Scrap & Raw Materials

World crude steel output down 4.3 percent in March

23 Apr | Steel News

Major steel and raw material futures prices in China - April 23, 2024

23 Apr | Longs and Billet

Iron ore exports via Port Hedland up 29.0 percent in March from February

23 Apr | Steel News

Japanese crude steel output up 2.9 percent in March from February

23 Apr | Steel News

Shagang raises its scrap purchase price by $11.3/mt on April 23

23 Apr | Scrap & Raw Materials

Mexican iron pellet production in February up 2.8 percent

22 Apr | Steel News