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DRI - Latest news GMK Center

Photo – EU reduced DRI imports by 15% y/y in January-May
EU reduced DRI imports by 15% y/y in January-May

This figure was influenced by the almost complete cessation of imports by Germany and the Netherlands

Photo – The EU reduced imports of direct reduced iron by 20.8% y/y in January-April
The EU reduced imports of direct reduced iron by 20.8% y/y in January-April

The indicator was affected by the almost complete cessation of imports by Germany and the Netherlands

Photo – How Ukrainian steel industry is fighting for survival and future green prospects
How Ukrainian steel industry is fighting for survival and future green prospects

Ukrainian steelmakers need access to European public funding to ensure future green transition

Photo – The EU increased imports of direct reduced iron by 5.4% y/y in 2024
The EU increased imports of direct reduced iron by 5.4% y/y in 2024

More than 38% of supplies come from Russia

Photo – Tosyali SULB has placed an order for the initial phase of the DRI complex in Libya
Tosyali SULB has placed an order for the initial phase of the DRI complex in Libya

The contractors were Midrex and the German SMS Group

Photo – Global pig iron production in 2024 decreased by 1.3% y/y
Global pig iron production in 2024 decreased by 1.3% y/y

The blast furnace method produced 1.26 billion tons of pig iron in the year, and the direct reduction method produced 125.57 million tons

Photo – Ukraine could become a major supplier of DRI to the EU
Ukraine could become a major supplier of DRI to the EU

Increasing demand for DRI is encouraging the market to start new capacity

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