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henrypaul640 added blog Other
2026-09-09 10:32:01 -

Direct Reduced Iron Market: Why Qatar, Iran, and Saudi Arabia Matter to Global Supply
Steelmaking is one of the hardest industries to decarbonize, and direct reduced iron (DRI) has become the technology most steelmakers are betting on to do it. The global direct reduced iron market is valued at USD 48.9 billion in 2025, is estimated to reach USD 51.6 billion in 2026, and is projected to hit USD 93.5 billion by 2033, growing at an 8.9% CAGR from 2026 to 2033. Behind...

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wanrup added blog Networking
2026-06-12 09:30:13 -

HBI Market Trends: Direct Reduced Iron Market Fuels Electric Arc Furnace Expansion
Analyze the hbi market drivers and innovations. Understand how the direct reduced iron market is enabling EAF steelmaking to produce higher-quality steel grades for automotive and construction. The global steel industry is undergoing a fundamental shift in production technology. The traditional blast furnace-basic oxygen furnace (BF-BOF) route is capital-intensive, CO2-heavy, and inflexible....

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