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26 Apr
15:21

Iran, Sabic lead Mid-East DRI output surge

Middle Eastern direct reduced iron production in the four countries covered by worldsteel’s monthly report surged 35% on-year in March to 2.95 million tonnes, spurred by a recovery in Saudi Arabia, Kallanish notes. The region’s largest producer, Iran, saw DRI output surge by an estimated 47% to 2.13mt, while its crude steel output that month is estimated to have soared 43.7% to 2.35mt. Iran has commissioned substantial new DRI capacity in the…
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