Direct Reduced Iron Market Growth Outlook 2030: Industry Trends...

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2026-02-23 16:23:14 - Translate

Direct Reduced Iron Market Growth Outlook 2030: Industry Trends Driving 7.6% CAGR

Direct Reduced Iron, commonly referred to as DRI or sponge iron, is an essential raw material in the steel industry. It is produced by the direct reduction of iron ore in the solid state using reducing gases such as hydrogen or carbon monoxide derived from natural gas or coal. DRI is available in forms such as lumps, pellets, and fines and is highly valued for its high iron content, low...

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