DRI - Latest news GMK Center

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

The companies signed a memorandum of understanding for the supply of high-quality direct reduction iron ore pellets

In March, the indicator increased by 9.4% m/m and fell by 4.8% y/y

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