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Number Seven Thousand Six Hundred and Fifty Three - 23 September 2024
Iran Daily - Number Seven Thousand Six Hundred and Fifty Three - 23 September 2024 - Page 2
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Iran’s DRI output up over 11% in five months: ISPA

Production of direct reduced iron (DRI) in Iran rose by 11.6 percent during the first five months of the current Iranian calendar year (March 20-August 21), compared to the corresponding figure of preceding year, according to the data released by the Iranian Steel Producers Association (ISPA).
ISPA figures indicated that 17.506 million tons of DRI was produced in the country during the five-month period of the current year, while the opposite figure for last year stood at 15.693 million tons, IRNA reported.
Direct reduced iron (DRI), also called sponge iron, 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 ores are suitable for direct reduction.
Iran’s steel output rose in the seven months to July despite a global fall in production and despite power cuts imposed on steel producers in the country this summer.
Figures released by the World Steel Association (worldsteel) showed that Iran had produced 18.4 million metric tons of raw steel in January-July, up 2.9% from the same period last year.
Iran remained the 10th largest steel supplier in the world in the seven months to July, the figures showed, which also indicated that total steel output by seven major steel producing nations of the world had dropped by 0.7% over the same period.
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