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29 Jan
08:09

Global DRI production grows 7%, led by India

Global direct reduced iron production increased to 135.514 million tonnes in 2023 from 126.165mt in 2022, up by 7.41% or 9.349mt, according to worldsteel data monitored by Kallanish. A double-digit growth in DRI production occurred in Libya, Germany, Egypt, South Africa, India and Bahrain. By contrast, Mexico, Malaysia, Trinidad and Tobago, Oman, the US and Venezuela saw decreases. In 2023, India, the world’s largest DRI producer with a 36.4% share in globa…
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