DRI Plant to Come on Stream by March 2017
Economy, Business And Markets

DRI Plant to Come on Stream by March 2017

The direct-reduced iron plant of Neyriz Steel Complex will become operational in the second half of the current Iranian year (ending March 20, 2017), said the head of Iranian Mines and Mining Industries Development and Renovation Organization. Mehdi Karbasian, who is also a deputy minister of industries, mining and trade, added that the DRI plant’s construction has so far made 83% progress. Sponge iron is produced from direct reduction of iron ore in the form of lumps, pellets or fines by a reducing gas. It can be processed to create wrought iron. Located in Fars Province, Neyriz Steel Complex’s construction started in 2010.

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