Global Direct Reduced Iron Market Forecast 2023 to 2030: Opportunity Analysis and Growth Drivers DRI, commonly called sponge iron, serves as a vital raw material in the steel sector. The production process involves directly reducing iron ore with hydrogen or carbon monoxide derived from coal or natural gas. DRI comes in various forms including lumps, pellets, and fines, offering consistent quality and minimal impurities. Steelmakers increasingly adopt DRI in electric arc furnaces for...
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