DRI

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me-metals: Australia’s two largest iron ore miners Rio Tinto (ASX: RIO) and BHP (ASX: BHP) are joining forces with BlueScope Steel to develop the country’s largest low-carbon iron-making furnace, to be located in the Kwinana Industrial Area, south of Perth.
News ID: 11574    Publish Date : 2024/12/18

Production of sponge iron in Iran rose by 9.1 percent during the first ten months of the current Iranian calendar year (March 21, 2023-January 20, 2024), as compared to the same period of time in the past year.
News ID: 11279    Publish Date : 2024/02/19

Iran’s Steel ingot exports up 15 percent in terms of volume and 7 percent in terms of value during the first seven months of the current Iranian calendar year (March 21, October 22,2023).
News ID: 11212    Publish Date : 2023/11/08

Production of sponge iron in Iran increased by 7.1 percent during the first five months of the current Iranian calendar year (March 21-August 22), as compared to the same period of time in the past year.
News ID: 11161    Publish Date : 2023/09/19

Iran’s semi-finished steel products export during the first three months of the current Iranian calendar year indicating an 18 percent growth YOY.
News ID: 10907    Publish Date : 2022/08/09

Iran exported 96,000 tons of sponge iron during the first quarter of the current Iranian calendar year (March 21-June 21), Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) reported.
News ID: 10882    Publish Date : 2022/07/31

Algerian steelmaker AQS has received its second Supramax cargo of direct reduced pellets ahead of launching a 2.5mn t/yr direct reduced iron ( DRI ) unit by the end of 2019 and a switch to electric arc furnace (EAF)-based steel production.
News ID: 7464    Publish Date : 2019/11/14

JSW Steel, India's largest private steel producer has reduced its gas based DRI (sponge iron) offers by around INR 750/MT (USD 11) for Oct'19 deliveries, sources closed with the company reported.
News ID: 6706    Publish Date : 2019/10/04

PELLEX decreased to INR 6,050/WMT (DAP Raipur) on reduced domestic offers. No significant transaction was reported during this publication window.
News ID: 6283    Publish Date : 2019/09/03

PELLEX remain stable at INR 6,100/wmt (DAP Raipur) due to limited trades reported. Raipur based pellet makers concluded 2500-3000MT pellet at INR 6,200/MT (Ex-plant) normalizing for freight to Raipur at INR 6,350 (DAP Raipur).
News ID: 6205    Publish Date : 2019/08/28

Primetals Technologies has developed the world's first direct reduction process for iron ore concentrates from ore beatification not requiring any pre processing like sintering or pelletizing.
News ID: 5045    Publish Date : 2019/07/07

Iran’s steel products and crude steel production in the first ten-month of the current Iranian year (March21,2018- Jan20,2019), registering a 7% and 13% growth respectively YOY.
News ID: 4074    Publish Date : 2019/03/19

Iran will hold the 4th session of direct sales of oil to domestic and international buyers through its energy bourse on February 4th.
News ID: 3498    Publish Date : 2019/01/30

Iran ranked 10th among crude steel producers in the world in 2018 with 25 million tons of production, according to figures released by the World Steel Association (WSA), which shows a 17.72% rise compared with 2017.
News ID: 3436    Publish Date : 2019/01/26

Iran, one of the largest steel producer and exporter in MENA region has produced 22.53 MnT crude steel in the 11 months of CY’18 as per the data released by World Steel Organization.
News ID: 3193    Publish Date : 2019/01/08

Downtrend in Iranian domestic billet market still continue, resulting to downfall of domestic billet offers. There is less demand of finished steel as construction industry is down owing to US sanctions.
News ID: 3028    Publish Date : 2018/12/21

Head of the Iranian Steel Producers Association (ISPA) Bahram Sobhani announced that Iran is capable of producing 25 million tons of steel in the current fiscal year (ends March 21, 2019) despite the US sanctions re-imposed against Tehran.
News ID: 2907    Publish Date : 2018/12/13

Iranian Deputy Minister of Industry, Mine and Trade Jafar Sarqini said on Tuesday that Iran’s annual steel exports now amount to around $1.6 billion, registering a 23 percent increase in terms of weight in the current Iranian year (started on March 21).
News ID: 2821    Publish Date : 2018/12/06

Supply of Sponge iron which is the key fuel for standalone EA or Induction furnaces in India, has witnessed gradual increase amid clear weather supporting sponge production along with improved logistics of raw materials i.e. Iron ore, pellets & coal.
News ID: 2320    Publish Date : 2018/10/01

Iran, one of the largest billet exporter in MENA region has exported 1,417,000 MT billet and bloom during the first five months of current Persian year (21-Mar till 22-Aug’18). As per the data released by ISPA, export of billet during the period was reportedly up by 13% Y-o-Y against 1,258,000 MT during the same period of last Persian year.
News ID: 2318    Publish Date : 2018/10/01

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