Worldwide output of direct-reduced iron (DRI) increased by 7.60% year-on-year in January 2018, driven by higher production from Iran, according to the World Steel Assn (Worldsteel).
DRI output was 6.47 million tonnes in January 2018, compared with 6.02 million tonnes one year before, Worldsteel said on Monday February 26.Iran increased its DRI output to 2.06 million tonnes in January 2018, rising by 53.30% year-on-year from 1.34 million tonnes last January, Worldsteel said.Currently, Iran has capacity for around 30 million tpy...