DRI

Currently, the key technologies for the production of green steel are based on electrosteel industry, where the main raw material is scarce scrap

Imports increased by 4.8% y/y

Production increased from 34.7 million tons to 51.5 million tons. At the same time, by 2030, this indicator is likely to exceed 75 million tons

The new agreement expands the cooperation between the parties and the trial work started during the last year

Over the last 5 years, the world production of DRI has increased by almost 26%

Import volumes increased by 0.4% y/y.

Import volumes increased by 3.7% y/y

The company expects to start commercial production by the end of this year

The total annual capacity of the enterprise will be 8.1 million tons per year

About 80% of the world's production of DRI comes from Midrex technology

In April, the indicator decreased by 1.7% y/y

In March, the indicator fell by 36.6% y/y