40235
Iran Becomes World’s Top DRI Producer
Economy, Business And Markets

Iran Becomes World’s Top DRI Producer

Iran overtook India to become the largest producer of direct reduced iron in March, making India and Saudi Arabia the second and third largest DRI producing nations respectively.
Scrap Monster–a Canada-based news provider on recycling industry–made the announcement citing preliminary data published by World Steel Association.
The estimated DRI output by Iran during March this year was 1.29 million tons, up from 1.20 million tons a month earlier.
India and Saudi Arabia’s output stood at 1.221 and 420,000 tons respectively during the same month, both also slightly above the previous month’s figures.
WSA data also show global DRI output totaled 4.417 million tons in the third month of 2016, indicating a 6.33% rise compared to February.
DRI output (in thousand tons) by the other 11 DRI-producing countries in March 2016 is as follows: Canada (99), Trinidad & Tobago (Nil), Argentina (90), Peru (5), Venezuela (60), Egypt (219), Libya (46), South Africa (74), Qatar (200), Mexico (380) and the UAE (312).
World Steel Association’s production figures are based on data collected from 14 countries, which accounted for approximately 90% of the global DRI production in 2014.

Short URL : http://goo.gl/E6hc4u
  1. http://goo.gl/4WQvI4
  • http://goo.gl/Ahj5we
  • http://goo.gl/s9sny2
  • http://goo.gl/gwF8jn
  • http://goo.gl/0RoZQN

You can also read ...

Big Benefits of a German ‘Iran Bank’
Since US President Donald Trump pulled out of the nuclear...
Islamic Bonds Worth $25m Issued for  Locomotive Manufacturing
Some 1.05 trillion rials ($25 million) worth of Islamic bonds...
Audi Names New Leader After CEO Arrested
Audi has tapped its top sales executive to lead the company...
Structural Reforms in Banks  to Help Ensure Fiscal Stability
The second and final day of the Conference on Monetary and...
Hyundai Elantra
After local media reported that the South Korean carmaker...
Kerman to Host 2 Int’l Mining Expos Next Week
The Sixth International Exhibition of Mining, Mineral...
Two-Month Auto Parts Import Bill: $468m
Iran’s auto parts import bill for the first two months of the...
IRIR Unveils Suburban Rail Expansion Plans
The Islamic Republic of Iran Railways plans to expand suburban...

Trending

Googleplus