Global DRI output down 3.7 percent in August

Tuesday, 23 September 2014 16:36:55 (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 4.9 million metric tons in August this year, decreasing by 3.68 percent year on year and up 2.13 percent month on month.
 
Meanwhile, world DRI output came to 40.29 million metric tons in the first eight months of this year, increasing by 2.41 percent compared to the corresponding period of 2013.
 
The worldsteel data show that India was the largest DRI producer among the countries surveyed in August this year. India's estimated DRI output was 1.48 million metric tons in the given month, increasing by 18.39 percent year on year. India was followed by Iran, Mexico and Saudi Arabia in August, with estimated outputs of 1.26 million mt, 470,000 mt and 469,000 mt respectively.

Similar articles

Local Chinese coking coal prices - week 20, 2024

17 May | Scrap & Raw Materials

Local molybdenum and ferromolybdenum prices in China - week 20, 2024 

17 May | Scrap & Raw Materials

Local pig iron prices in China - week 20, 2024 

17 May | Scrap & Raw Materials

Local Chinese chrome ore and ferrochrome prices - week 20, 2024 

17 May | Scrap & Raw Materials

Ex-Brazil BPI prices stable as exporters wait for next US purchases, ex-Russia BPI softens

17 May | Scrap & Raw Materials

Turkish mills continue to buy ex-US scrap, price remains relatively stable

17 May | Scrap & Raw Materials

Vietnam and S. Korea show little to no interest in import scrap amid strong local focus

17 May | Scrap & Raw Materials

Daily iron ore prices CFR China - May 17, 2024

17 May | Scrap & Raw Materials

Local coke prices in China stabilize, plants target higher outputs amid better mood

17 May | Scrap & Raw Materials

Ex-Australia coking coal market still bearish, reflected in offers for June laycan cargoes

17 May | Scrap & Raw Materials