Iran’s sponge iron production rises almost 6%
Production of sponge iron in Iran increased by about six percent during the first half of the current Iranian year (March 21–September 22), compared to the related figure of the past year.
The sponge production during the six months to September 22 was about 18.85 million tons, 5.9% up from last year’s output of 17.8 million tons, according to ISNA.
Sponge iron, also called direct-reduced iron (DRI), is produced from the direct reduction of iron ore (in the form of lumps, pellets, or fines) into iron by reducing gas or elemental carbon produced from natural gas or coal. Many iron ores are suitable for direct reduction.
Also, 4.75 million tons of steel sections were produced in Iran during the six-month period, which is a 4.8% increase compared to the same period last year.
Steel production volume during the first six months of the current Iranian year witnessed a 3% surge compared to the same period last year.