Direct Reduced Iron Share Value, Key Insights and Size estimation by 2029 {{ currentPage ? currentPage.title : "" }}

The global Direct Reduced Iron Market size was valued at USD 29.80 billion in 2021 and reached a valuation of USD 31.49 billion in 2022 and the market is expected to reach USD 57.57 billion by 2029 with a CAGR of 9.0% during the forecast period. Direct Reduced Iron (DRI) is an iron ore which is used for removing the oxygen from its ore or ferrous substances. Increasing usage of DRI in steelmaking is projected to aid market development.


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