According to the data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 12 countries accounting for approximately 85 percent of total world DRI production in 2017 amounted to 6.99 million metric tons in February this year, falling by 6.8 percent month on month and rising by 6.7 percent year on year.
Meanwhile, world DRI output came to 14.56 million metric tons in the first two months of the current year, increasing by 6.6 percent year on year.
The worldsteel data show that India was the largest DRI producer among the countries surveyed in February this year. India’s DRI output amounted to 2.62 million metric tons in the given month. India was followed by Iran, Egypt and Mexico in February, with outputs of 2.28 million mt, 524,000 mt and 430,000 mt respectively.