Posted on 29 Mar 2016
The world DRI production during the month of February 2016 totaled 4.033 million metric tons, down by 11.50% when compared with the 4.557 million metric tons production achieved during January 2016.
According to World Steel data, India ranked first in DRI production during the month. Iran and Saudi Arabia were the second and third largest DRI producing nations.
The estimated DRI output by India during February this year was 1.220 million metric tons. The country’s DRI output in February dropped slightly when compared with the previous month. The DRI output by India had totaled 1.304 million metric tons during the previous month. Iran’s DRI production in February 2016 totaled 1.206 million metric tons, which is more or less flat when compared with the previous month output. The Saudi Arabian DRI output in February this year amounted to 395,000 metric tons, which is marginally less when compared with the output of 420,000 metric tons during January 2016.
The DRI output (in thousand metric tons) by the other eleven countries in February 2016 is as follows: Canada (92), Trinidad & Tobago (Nil), Argentina (84), Peru (8), Venezuela (105), Egypt (16), Libya (54), South Africa (64), Qatar (185), Saudi Arabia (395) and United Arab Emirates (275).
The World Steel production figures are based on the figures collected from 14 countries, which accounted for approximately 90% of the global DRI production in 2014.
