Sets Fourth Consecutive Annual Record
Global direct reduced iron (DRI) production eclipsed 100M (million) tons in 2019 for the second consecutive year and set a new production record for the fourth consecutive year, according to 2019 World Direct Reduction Statistics. The annual publication of direct reduction industry data and information is compiled by Midrex Technologies, Inc. and audited by World Steel Dynamics.
DRI output was up 7.3% over 2018 production to 108M tons. Since 2015, world DRI production has increased 35.5M tons, or nearly 49%.