Report: DRI Has a Raw Materials Problem
07/14/2021 - Growth of direct reduced iron (DRI) likely will be hindered by inadequate supplies of high-quality iron ore, according to a new paper from management consultancy McKinsey & Co.
“Growth in the DRI industry will have to be accompanied by a change in the manufacturing process. Increasingly, DRI will need to be made with lower-quality iron ore, which will then need to be upgraded — most likely using a smelting process — to make it more suitable for use in basic oxygen furnaces,” the paper said.
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