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DRI - Latest news GMK Center

Photo – Nippon Steel and Sojitz to acquire 49% in Champion Iron project
Nippon Steel and Sojitz to acquire 49% in Champion Iron project

Japanese companies will also share the costs of development and construction

Photo – Nucor Louisiana reaches world record for DRI production per day
Nucor Louisiana reaches world record for DRI production per day

Production of cold DRI 330.3 tons per hour, or 7.93 thousand tons per day

Photo – Economic aspects and ore quality hinder DRI adoption – Tenova CEO
Economic aspects and ore quality hinder DRI adoption – Tenova CEO

For EAF, the availability and quality of scrap remains a significant problem

Photo – Acciaierie d’Italia to build DRI plant in Taranto
Acciaierie d’Italia to build DRI plant in Taranto

According to the project, the enterprise will have a production capacity of 2.5 million tons per year

Photo – Global supply of DRI and HBI will gradually suppl – Metinvest CEO
Global supply of DRI and HBI will gradually suppl – Metinvest CEO

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

Photo – EU imported 1.69 million tons of DRI in January-July
EU imported 1.69 million tons of DRI in January-July

Imports increased by 4.8% y/y

Photo – DRI production in India has grown by 8% over the past 5 years
DRI production in India has grown by 8% over the past 5 years

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

Photo – Vale and Midrex to cooperate in the use of iron ore briquettes at DR plants
Vale and Midrex to cooperate in the use of iron ore briquettes at DR plants

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

Photo – Global DRI production up 6.5% y/y in 2023 – Midrex
Global DRI production up 6.5% y/y in 2023 – Midrex

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

Photo – EU imported 1.35 million tons of DRI in January-June
EU imported 1.35 million tons of DRI in January-June

Import volumes increased by 0.4% y/y.

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