World DRI output maintains downtrend in November

Friday, 21 December 2012 12:21:08 (GMT+3)   |   Istanbul
       

According to the preliminary data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 11 countries accounting for approximately 83 percent of total world DRI production in 2010 totaled 4.6 million metric tons in November this year, decreasing 2.3 percent as compared to the previous month and down by 10.4 percent year on year.

Meanwhile, world DRI output came to 51.86 million metric tons in the first 11 months of this year, decreasing by 10.8 percent compared to the corresponding period of 2011.

The worldsteel data show that India was the largest DRI producer among the countries surveyed in November this year. India's estimated DRI output was 1.5 million metric tons in the given month, down by 3.2 percent month on month. India was followed by Iran, Mexico and Saudi Arabia in November this year, with estimated outputs of 995,000 mt, 460,000 mt and 443,000 mt respectively.


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