Global DRI output up 5.4 percent in July from June

Tuesday, 23 August 2016 16:21:46 (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 4.56 million metric tons in July this year, decreasing by 12.5 percent year on year and up 5.4 percent month on month. 
 
Meanwhile, world DRI output came to 30.66 million metric tons in the January-July period of this year, decreasing by 13.2 percent compared to the corresponding period of 2015.
 
The worldsteel data show that Iran was the largest DRI producer among the countries surveyed in July this year. Iran’s DRI output was 1.25 million metric tons in the given month. Iran was followed by India, Mexico and Saudi Arabia in July, with estimated outputs of 1.23 million mt, 540,000 mt and 420,000 mt respectively.

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