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Worldsteel Ranks Iran Second Largest Global DRI Producer

Production during the four months under review saw a 3.3% year-on-year growth
Worldsteel Ranks Iran Second Largest Global DRI Producer
Worldsteel Ranks Iran Second Largest Global DRI Producer

A total of 9.68 million tons of DRI, also known as sponge iron, were produced in Iran during the first four months of 2021 to register a 3.3% growth compared with the corresponding period of 2020, the latest report released by the World Steel Association shows.
The country was the second biggest DRI producer in the world during the period under review, after its primary rival, India, which produced a total of 12.13 million tons (up 27.7% year-on-year), according to the Brussels-based international trade body for the iron and steel industry.
The world’s total DRI output in the first four months of 2021 stood at 30.43 million tons to witness a 13.6% growth YOY.

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