02
Jul
01:00
World is adding nearly 16mt of DRI capacity, says Midrex
Because of shale gas exploration, the USA is expected to increase production of direct reduced iron (DRI) to at least 10 million tons/year by 2020, forecasts Midrex Technologies. This is because shale gas availability has led to lower natural gas pricing in North America, the US plantmaker says in a report sent to Kallanish.
Nearly half of the new DRI capacity has already been built or is being built, adds Midrex: By the end of this decade, the USA is likely t…
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Anonymous
Very good overview of the weekly steel market.
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