TEHRAN (Tasnim) – The World Steel Association introduced Iran as the world’s second biggest direct reduced iron (DRI) producer in the first two months of 2014.
The latest figures released by the World Steel Association show that Iran has produced a total of 1.867 million tons of iron with the direct reduction method in January and February, making it the world’s second largest DRI producer in the two-month period.
On the top of the list was India, with a production of 2.496 million tons on the corresponding period.
The association has also introduced 14 countries, including Iran, which have accounted for approximately 87% of the total world’s DRI production in 2013.
Direct reduced iron (DRI), also called sponge iron, is produced from direct reduction of iron ore (in the form of lumps, pellets or fines) by a reducing gas produced from natural gas or coal.
By Tasnim News Agency
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