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Global DRI output up six percent in March from February

Thursday, 21 April 2016 14:47:19 (GMT+3)   |   Istanbul
       
According to the data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 14 countries accounting for approximately 87 percent of total world DRI production in 2013 amounted to 4.41 million metric tons in March this year, decreasing by 12.1 percent year on year and up six percent month on month. 
 
Meanwhile, world DRI output came to 12.9 million metric tons in the January-March period of this year, decreasing by 16.9 percent compared to the corresponding period of 2015.
 
The worldsteel data show that Iran was the largest DRI producer among the countries surveyed in March this year. Iran’s DRI output was 1.29 million metric tons in the given month. Iran was followed by India, Saudi Arabia and Mexico in March, with estimated outputs of 1.22 million mt, 420,000 mt and 380,000 mt respectively.

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