Tag: Iron production

Accounting for 98% of mined iron ore, steel is a foundational material for our modern world, underscoring precisely why is iron production important. The sheer scale of its use is a testament to its critical role, serving as the bedrock for construction, transportation, and industrial sectors globally.

Globally, DRI production surpassed 108 million tonnes in 2019, showcasing its immense importance in modern steelmaking. So, what makes DRI a high-quality metallic material, and how is it produced without melting the iron ore?

According to the U.S. Geological Survey, the Earth's crust is composed of about 5% iron, but the question of what produces the most iron requires a look beyond our planet's geology. The answer involves both explosive cosmic events and massive industrial efforts on Earth.

The steel industry, a major global energy consumer, is undergoing a significant transformation towards sustainability. At the center of this shift is Direct Reduced Iron, or DRI, a pivotal material whose production offers a more energy-efficient pathway for making steel. Understanding the role of DRI in energy and heavy manufacturing is key to comprehending the future of green industry.