Posted on 05 Jul 2017
Worldwide production of direct reduced iron (DRI) was 72.76 million tons in 2016, according to data collected by Midrex Technologies, Inc. and audited by World Steel Dynamics. This is slightly greater than the 2015 figure, which in light of recent revisions, was raised to 72.64 million tons. Considering the slowdown of the world steel industry in late 2015 and early 2016, the fact that the production of DRI held constant was positive for the DR industry.
