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2026-02-23 17:52:58 -

Top Market Drivers and Challenges for Direct Reduced Iron Through 2030

Sponge iron, known in the industry as Direct Reduced Iron, is essential for steelmaking. It is manufactured through the solid-state reduction of iron ore with reducing gases like hydrogen and carbon monoxide obtained from coal or natural gas. Lumps, pellets, and fines are the common forms of DRI, prized for high iron levels, low impurities, and reliability in electric arc furnace steel...

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