DRI

In January-February, the indicator increased by 35.2% y/y

The steel plant will use iron ore raw materials from Ukraine

The company will also consider the possibility of building a steel plant in the region

The largest producer of DRI is India – 4.2 million tons

The value of the contract is about €7.5 million

The installation will be built in the research center of the Japanese steel producer

The company told European customers that products made using DRI would be subject to an additional markup

The bulk of the products were shipped from Russia, Libya and Venezuela – 187.45 tons, 21.45 thousand tons and 29 thousand tons, respectively

The companies concluded a long-term agreement

The project is aimed at the development of research on the production of direct reduction iron (DRI)

The main volume of products was shipped from Russia and Libya – 1.19 million tons and 407.9 thousand tons, respectively

The production capacity of the unit is 2.5 million tons/year