Reference | World DRI Statistics
World DRI production reaches 135.7 Mt in 2023
September 3, 2024 Download
Midrex Publishes World Direct Reduction Statistic
Global direct reduced iron (DRI) production in 2023 was 135.7 million tons (Mt), up by 8.3Mt or 6.5% from the previous record of 127.4 Mt set in 2022. In the last five years, worldwide DRI output has grown by almost 27.6 Mt, or approximately 25.6%.
MIDREX® Plants produced 75.7 Mt of DRI in 2023, which is 3.0% more than the 73.6 Mt produced in 2022. MIDREX Technology continued to account for ~80% of worldwide production of DRI by shaft furnaces in 2023: 95.4 Mt. MIDREX Plants have produced a cumulative total of approximately 1,400 Mt of all forms of DRI (CDRI, HDRI, and HBI) through the end of 2023.
Each year Midrex Technologies, Inc. compiles and publishes World Direct Reduction Statistics as a resource for the global iron and steel industry. World Steel Dynamics (WSD) audits the data collection and preparation processes used by Midrex to confirm that the methodology and accuracy of the data to be published is representative of the global direct reduction industry in a given year.