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Direct Reduced Iron Market

Market Insights on Direct Reduced Iron covering sales outlook, demand forecast & up-to-date key trends

Direct Reduced Iron Market By Form (Lumps, Pellets), Production Process (Coal-based, Gas-based), Application (Steel Making, Construction) & Region - Forecast 2022 - 2030

Direct Reduced Iron Market Snapshot (2022-2030)

[391 Pages Report] The global market of direct reduced iron is currently valued at around US$ 8,249.0 Mn, and is anticipated to reach US$ 16,789.0 Mn by 2030. The global direct reduced iron market is further anticipated to witness a CAGR of 8.2% during the period of 2022 and 2030.

Direct Reduced Iron Market Value (2021A)

US$ 8,249.0 Mn

Direct Reduced Iron Market Estimation (2022E)

US$ 8,908.3 Mn

Direct Reduced Iron Market Forecast (2030F)

US$ 16,789.0 Mn

Value CAGR (2022-2030)

8.2%

Collective Value Share: Top 3 Countries (2022E)

42.4%

Increased demand for direct reduced iron in various applications, such as steel production and construction, is expected to drive the sales during the forecast period. Considering this, FMI has forecasted the global direct reduced iron sales to reach a valuation of US$ 16,789.0 Mn in 2030.

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2015-2021 Direct Reduced Iron Market Outlook Compared to 2022-2030 Forecast

Sales of direct reduced iron increased at a 4.2% CAGR, between 2015 and 2021, owing to strong development in the construction sector and increase in the production of steel. The covid-19 pandemic, reduced the demand for direct reduced iron, had impacted the sales projections for the year 2020, impacting the historic growth rate of the market.

Direct Reduced Iron Market Download Report Brochure

Steel manufacturers are witnessing an increase in demand for high-quality steel, owing to the detrimental effects of low-quality raw materials on environment. DRI is witnessing an increased demand as a supplement in improving the steel quality as required by steel manufacturers.

Steel manufacturers are seeing an increase in demand for high-quality steel as a result of the negative effects of low-quality raw materials on the environment, which causes pollution. DRI is in high demand as a supplement to improving steel quality, as required by steel producers.

How Demand for Iron & Steel to Shape the DRI Market Growth?

Iron & steel industry is considered the backbone of a healthy economy, owing to its major contribution to the growth of any country’s economy. The Iron & steel market is expected to grow at a significantly healthy rate in the coming years. This creates an immense opportunity for market players offering DRI, which act as an environment-friendly, cost-effective and economically feasible raw material for steel making.

The iron & steel market is anticipated to grow significantly as compared to its previous trends of growth. However, this is anticipated to be a minor dip in the market, which will be overcome with precautionary measures and other appropriate remedies. This has the potential to create and improve opportunities for both new competitors and existing market players. A substantial increase in the iron and steel market is expected over the forecast period, which is supposed to drive DRI demand significantly.

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Principal Consultant
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What was the Impact of COVID-19 Crisis on Direct Reduced Iron Market?

The novel coronavirus has sent shockwaves around the globe, resulting in one of the world's worst crises, if not the worst, in history. The resulting lockdowns across countries to control the COVID-19 pandemic have resulted in the worst economic crisis in a generation, affecting industries such as automotive, aviation, chemicals, and energy. However, no other industry has seen the magnitude and speed of the impact that the energy industry has.

In 2019, the construction industry, particularly residential infrastructure, performed well and saw an increase in activity across many sectors. Covid-19 has caused supply chain disruption in the residential construction industry. The market, on the other hand, is expected to grow during the forecast period due to its applications in various segments, which are expected to boost the market.

Country-wise Insights

What is the Demand Outlook for Direct Reduced Iron in GCC Countries?

According to FMI, GCC Countries are expected to account for a fair share of the global market. Over the forecast period, GCC Countries are expected to dominate the Middle East & Africa market with a significant value share in terms of consumption.

Steel production in the Gulf Cooperation Council (GCC) is under pressure, owing primarily to a reduction in industrial output caused by Covid-19. However, with a global recovery and a slew of megaprojects on the frontier, the sector is poised for a brighter future. Saudi Arabia is expected to be the region's largest market due to higher steel consumption and the proposition of infrastructure projects. One of the major factors driving market growth in the GCC region is an increase in construction activity. GCC Countries are expected to reach about US$ 3,568.6 Mn by the year 2030.

What are the growth prospects of DRI in Russia?

Russia is projected reach an estimated value of US$ 1,204.8 Mn by the end of 2030. Growing steel industry is a positive sign for DRI market globally. Growing demand from end use sectors such as construction & infrastructure, automotive, aerospace, appliances and others sectors is a primary factor for the growth in steel industry over the coming years, which is expected to have a significant impact of the target market.

Over the last few years, the construction industry has grown significantly. Furthermore, a rebound in residential construction is expected to fuel the construction industry, which is expected to have a significant impact on the target market. Growing consumption of steel in Russia and expanding constructioin sector are the driving factors for the country. Owing to the these factors market is expected to witness increasing demand for DRI in the forecast period.

However, the Russia and Ukraine conflict in early 2022 resulted in significant impact of trade activities in Russia, impacting the market of DRI. Significant inflation rate in the country is expected to impact the growth of the market in the first half of 2022.

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Category-wise Insights

How growth of Pellets Form of Direct Reduced Iron is expected to benefit the Market?

The direct reduced iron in pellets form is expected to grow at a prominent value of 8.3% CAGR, over the forecast period of 2022 to 2030. DRI can be utilized in a wide number of processes in the production of crude steel. Most commonly, direct reduced iron is used as both a complement and a competitor to scrap in the Electric Arc Furnace (EAF) process route.

DRI production currently uses up 5% of the world's iron ore supply and necessitates high grade direct reduced pellets with a typical iron content of 67 percent. As it is frequently used in electric arc furnaces with limited refining capacity, the ferrous feed and successive direct reduced iron must be low in gangue.

How increasing Sales of Steel to boost the demand for Direct Reduced Iron?

The steel segment is projected to create an absolute dollar opportunity of more than US$ 2,160.4 Mn during the period of 2022 to 2030. Because of its significant contribution to any country's economic growth, the iron and steel industry is regarded as the backbone of a healthy economy. The iron and steel market is expected to grow at a healthy rate in the coming years. This opens up a huge opportunity for players who provide DRI, which serves as an environmentally friendly, cost-effective, and economically viable raw material for steel production.

It has been discovered that the emissions released during the production of steel by using steel offcuts as raw resources are relatively high than the DRI that is being used as feedstock for steelmaking. These discoveries benefit industrialists in the immediate reduced iron market. DRI assists companies in the steel manufacturing sector in the manufacturing of cost-effective carbon steel, which is critical in the production of high-quality steel products. Companies in the direct reduced iron market are being compelled to expand their production capabilities as a result of this. Because metal scrap market is constantly fluctuating, demand for DRI is on the rise.

Competitive Landscape

In recent years, manufacturers have shifted their focus to emerging countries in order to meet the growing demand for direct reduced iron. Several major players are focusing their efforts on improving their production capabilities, research and development investments, collaborative partnerships, and mergers and acquisitions. For Instance,

  • In 2019, ArcelorMittal commissioned Midrex to design demonstration plant for hydrogen steel production in Hamburg.
  • In 2019, Voestalpine AGopened high-tech steel research facility in Donawitz, Austria.

The latest study conducted by Future Market Insights covers all the strategies and success factors of key manufacturers of the market.

*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis is available in the report.

Scope of Report

Attribute

Details

Forecast Period

2022-2030

Historical Data Available for

2015-2021

Market Analysis

USD Million for Value and Kilo Tons for Volume

Key Regions Covered

North America, Latin America, East Asia, Europe, South Asia & Pacific, Middle East & Africa

Key Countries Covered

US, Canada, Germany, Italy, France, BENELUX, Russia, U.K., China, Japan, South Korea, India, Bangladesh, ASEAN, Brazil, Mexico, GCC Countries, KSA, Turkey, South Africa, Iran

Key Segments Covered

Form, Production Process, Application and Region

Key Companies Profiled

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Direct Reduced Iron Market by Category

By Form, the market of Direct Reduced Iron is segmented as:

  • Lump
  • Pellets

By Production Process, the market of Direct Reduced Iron is segmented as:

  • Coal-based
  • Gas-based

By Application, the market of Direct Reduced Iron is segmented as:

  • Steel Making
  • Construction

By Region, the market of Direct Reduced Iron is segmented as:

  • North America
  • Latin America
  • East Asia
  • Europe
  • South Asia & Pacific
  • Middle East & Africa

Frequently Asked Questions

The market of Direct Reduced Iron is expected to total US$ 8,249.0 Mn in 2021.

The direct reduced iron market has been estimated to exhibit growth rate of 8.2% between 2022 and 2030 on value basis.

Construction application is expected to contribute significant growth share to the overall market in 2022.

ArcelorMittal, Mobarakeh Steel, Essar Steel, Qatar Steel, Hadeed, SIDOR, Khouzestan Steel Co., Jindal Steel & Power, Gol-e-Gohar, Nucor and others are the key market players.

The demand of direct reduced iron in U.S. is expected to increase by 9.0% CAGR between 2022 and 2030 on value basis.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Technology Roadmap

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Innovation / Development Trends

4. Key Success Factors

    4.1. Services Adoption / Usage Analysis

    4.2. Services USPs / Features

5. Global DRI Market Demand Analysis 2015-2021 and Forecast, 2022-2030

    5.1. Historical Market Volume (Tons) Analysis, 2015-2021

    5.2. Current and Future Market Volume (Tons) Projections, 2022-2030

    5.3. Y-o-Y Growth Trend Analysis

6. Global DRI Market - Pricing Analysis

    6.1. Regional Pricing Analysis By Form

    6.2. Pricing Break-up

7. Global DRI Market Demand (in Value or Production Process in US$ Mn) Analysis 2015-2021 and Forecast, 2022-2030

    7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021

    7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2030

8. Market Background

    8.1. Macro-Economic Factors

        8.1.1. Global GDP Growth Outlook

        8.1.2. Global Steel Industry Outlook

        8.1.3. Global Natural Gas Production Outlook

        8.1.4. Global Scrap Steel Industry Outlook

    8.2. Forecast Factors - Relevance & Impact

        8.2.1. Historic Growth Rate of Companies

        8.2.2. COVID-19 Impact

        8.2.3. Vertical Integration across Manufacturers

    8.3. Value Chain – List of Manufacturers, Suppliers and Distributors

    8.4. Market Dynamics

        8.4.1. Drivers

        8.4.2. Restraints

        8.4.3. Opportunity Analysis

    8.5. Supply-Demand Analysis

    8.6. Cost Structure Analysis

    8.7. Impact of COVID – 19 Crisis

        8.7.1. Current Statistics

        8.7.2. Expected Recovery and Comparison with Sub-Prime Crisis

        8.7.3. World Economy / Cluster Projections

        8.7.4. Potential of Impact by Taxonomy

        8.7.5. 2022 Market Size

        8.7.6. Recovery by Quarters

        8.7.7. Recovery Scenario (Short, Mid and Long term)

        8.7.8. Long Term Projections

9. Global DRI Market Analysis 2015-2021 and Forecast 2022-2030, by Form 

    9.1. Introduction / Key Findings

    9.2. Historical Market Production Process (US$ Mn) and Volume Analysis By Form, 2015 - 2021

    9.3. Current and Future Market Production Process (US$ Mn) and Volume Analysis and Forecast By Form, 2022 - 2030

        9.3.1. Lumps

        9.3.2. Pellets

    9.4. Market Attractiveness Analysis By Form

10. Global DRI Market Analysis 2015-2021 and Forecast 2022-2030, by Production Process 

    10.1. Introduction / Key Findings

    10.2. Historical Market Production Process (US$ Mn) and Volume Analysis By Production Process, 2015 - 2021

    10.3. Current and Future Market Production Process (US$ Mn) and Volume Analysis and Forecast By Production Process, 2022 - 2030

        10.3.1. Coal-based

        10.3.2. Gas-based

    10.4. Market Attractiveness Analysis By Production Process

11. Global DRI Market Analysis 2015-2021 and Forecast 2022-2030, by Application 

    11.1. Introduction / Key Findings

    11.2. Historical Market Production Process (US$ Mn) and Volume Analysis By Application, 2015 - 2021

    11.3. Current and Future Market Production Process (US$ Mn) and Volume Analysis and Forecast By Application, 2022 - 2030

        11.3.1. Steel Production

        11.3.2. Construction

    11.4. Market Attractiveness Analysis By Application

12. Global DRI Market Analysis 2015-2021 and Forecast 2022-2030, by Region

    12.1. Introduction

    12.2. Historical Market Production Process (US$ Mn) and Volume Analysis By Region, 2015 - 2021

    12.3. Current Market Production Process (US$ Mn) and Volume Analysis and Forecast By Region, 2022 - 2030

        12.3.1. North America

        12.3.2. Latin America

        12.3.3. Europe

        12.3.4. East Asia

        12.3.5. South Asia & Pacific

        12.3.6. Middle East & Africa

    12.4. Market Attractiveness Analysis By Region

13. North America DRI Market Analysis 2015-2021 and Forecast 2022-2030

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Production Process (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015 - 2021

    13.4. Market Production Process (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2030

        13.4.1. By Form

        13.4.2. By Production Process

        13.4.3. By Application

        13.4.4. By Country

            13.4.4.1. U.S.

            13.4.4.2. Canada

    13.5. Market Attractiveness Analysis

        13.5.1. By Form

        13.5.2. By Production Process 

        13.5.3. By Application

        13.5.4. By Country

    13.6. Market Trends

    13.7. Key Market Participants - Intensity Mapping

14. Latin America DRI Market Analysis 2015-2021 and Forecast 2022-2030

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Production Process (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015 - 2021

    14.4. Market Production Process (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2030

        14.4.1. By Form

        14.4.2. By Production Process 

        14.4.3. By Application

        14.4.4. By Country

            14.4.4.1. Brazil

            14.4.4.2. Mexico

            14.4.4.3. Rest of Latin America

    14.5. Market Attractiveness Analysis

        14.5.1. By Form

        14.5.2. By Production Process 

        14.5.3. By Application

        14.5.4. By Country

    14.6. Market Trends

    14.7. Key Market Participants - Intensity Mapping

15. Europe DRI Market Analysis 2015-2021 and Forecast 2022-2030

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Production Process (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015 - 2021

    15.4. Market Production Process (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2030

        15.4.1. By Form

        15.4.2. By Production Process 

        15.4.3. By Application

        15.4.4. By Country

            15.4.4.1. Germany

            15.4.4.2. Italy

            15.4.4.3. France

            15.4.4.4. U.K.

            15.4.4.5. BENELUX

            15.4.4.6. Russia

            15.4.4.7. Rest of Europe

    15.5. Market Attractiveness Analysis

        15.5.1. By Form

        15.5.2. By Production Process 

        15.5.3. By Application

        15.5.4. By Country

    15.6. Market Trends

    15.7. Key Market Participants - Intensity Mapping

16. South Asia & Pacific DRI Market Analysis 2015-2021 and Forecast 2022-2030

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Production Process (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015 - 2021

    16.4. Market Production Process (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2030

        16.4.1. By Form

        16.4.2. By Production Process 

        16.4.3. By Application

        16.4.4. By Country

            16.4.4.1. India

            16.4.4.2. ASEAN

            16.4.4.3. Bangladesh

            16.4.4.4. Rest of South Asia & Pacific

    16.5. Market Attractiveness Analysis

        16.5.1. By Form

        16.5.2. By Production Process 

        16.5.3. By Application

        16.5.4. By Country

    16.6. Market Trends

    16.7. Key Market Participants - Intensity Mapping

17. East Asia DRI Market Analysis 2015-2021 and Forecast 2022-2030

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Production Process (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015 - 2021

    17.4. Market Production Process (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2030

        17.4.1. By Form

        17.4.2. By Production Process 

        17.4.3. By Application

        17.4.4. By Country

            17.4.4.1. China

            17.4.4.2. Japan

            17.4.4.3. South Korea

    17.5. Market Attractiveness Analysis

        17.5.1. By Form

        17.5.2. By Production Process 

        17.5.3. By Application

        17.5.4. By Country

    17.6. Market Trends

    17.7. Key Market Participants - Intensity Mapping

18. Middle East and Africa DRI Market Analysis 2015-2021 and Forecast 2022-2030

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Production Process (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015 - 2021

    18.4. Market Production Process (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2030

        18.4.1. By Form

        18.4.2. By Production Process 

        18.4.3. By Application

        18.4.4. By Country

            18.4.4.1. GCC Countries

            18.4.4.2. Turkey

            18.4.4.3. Iran

            18.4.4.4. KSA

            18.4.4.5. Rest of Middle East and Africa

    18.5. Market Attractiveness Analysis

        18.5.1. By Form

        18.5.2. By Production Process 

        18.5.3. By Application

        18.5.4. By Country

    18.6. Market Trends

    18.7. Key Market Participants - Intensity Mapping

19. Key and Emerging Countries DRI Market Analysis 

    19.1. Introduction

        19.1.1. Market Value Proportion Analysis, By Key Countries

        19.1.2. Global Vs. Country Growth Comparison

    19.2. U.S. DRI Market Analysis

        19.2.1. By Form

        19.2.2. By Production Process 

        19.2.3. By Application

    19.3. Canada DRI Market Analysis

        19.3.1. By Form

        19.3.2. By Production Process 

        19.3.3. By Application

    19.4. Mexico DRI Market Analysis

        19.4.1. By Form

        19.4.2. By Production Process 

        19.4.3. By Application

    19.5. Brazil DRI Market Analysis

        19.5.1. By Form

        19.5.2. By Production Process 

        19.5.3. By Application

    19.6. Germany DRI Market Analysis

        19.6.1. By Form

        19.6.2. By Production Process 

        19.6.3. By Application

    19.7. Italy DRI Market Analysis

        19.7.1. By Form

        19.7.2. By Production Process 

        19.7.3. By Application

    19.8. France DRI Market Analysis

        19.8.1. By Form

        19.8.2. By Production Process 

        19.8.3. By Application

    19.9. U.K. DRI Market Analysis

        19.9.1. By Form

        19.9.2. By Production Process 

        19.9.3. By Application

    19.10. KSA DRI Market Analysis

        19.10.1. By Form

        19.10.2. By Production Process 

        19.10.3. By Application

    19.11. Russia DRI Market Analysis

        19.11.1. By Form

        19.11.2. By Production Process 

        19.11.3. By Application

    19.12. China DRI Market Analysis

        19.12.1. By Form

        19.12.2. By Production Process 

        19.12.3. By Application

    19.13. Japan DRI Market Analysis

        19.13.1. By Form

        19.13.2. By Production Process 

        19.13.3. By Application

    19.14. S. Korea DRI Market Analysis

        19.14.1. By Form

        19.14.2. By Production Process 

        19.14.3. By Application

    19.15. India DRI Market Analysis

        19.15.1. By Form

        19.15.2. By Production Process 

        19.15.3. By Application

    19.16. UAE DRI Market Analysis

        19.16.1. By Form

        19.16.2. By Production Process 

        19.16.3. By Application

    19.17. Iran DRI Market Analysis

        19.17.1. By Form

        19.17.2. By Production Process 

        19.17.3. By Application

    19.18. KSA Countries DRI Market Analysis

        19.18.1. By Form

        19.18.2. By Production Process 

        19.18.3. By Application

    19.19. Turkey DRI Market Analysis

        19.19.1. By Form

        19.19.2. By Production Process 

        19.19.3. By Application

    19.20. Oman DRI Market Analysis

        19.20.1. By Form

        19.20.2. By Production Process 

        19.20.3. By Application

20. Market Structure Analysis

    20.1. Market Analysis by Tier of Companies (DRI)

    20.2. Market Concentration

    20.3. Market Share Analysis of Top Players

    20.4. Market Presence Analysis

        20.4.1. By Regional footprint of Players

        20.4.2. Product foot print by Players

        20.4.3. Channel Foot Print by Players

21. Competition Analysis

    21.1. Competition Dashboard

    21.2. Pricing Analysis by Competition

    21.3. Competition Benchmarking

    21.4. Competition Deep Dive

        21.4.1. ArcelorMittal

            21.4.1.1. Overview

            21.4.1.2. Product Portfolio

            21.4.1.3. Profitability by Market Segments (Product/Channel/Region)

            21.4.1.4. Sales Footprint

            21.4.1.5. Strategy Overview

                21.4.1.5.1. Marketing Strategy

                21.4.1.5.2. Product Strategy

                21.4.1.5.3. Channel Strategy

        21.4.2. Mobarakeh Steel

            21.4.2.1. Overview

            21.4.2.2. Product Portfolio

            21.4.2.3. Profitability by Market Segments (Product/Channel/Region)

            21.4.2.4. Sales Footprint

            21.4.2.5. Strategy Overview

                21.4.2.5.1. Marketing Strategy

                21.4.2.5.2. Product Strategy

                21.4.2.5.3. Channel Strategy

        21.4.3. Essar Steel

            21.4.3.1. Overview

            21.4.3.2. Product Portfolio

            21.4.3.3. Profitability by Market Segments (Product/Channel/Region)

            21.4.3.4. Sales Footprint

            21.4.3.5. Strategy Overview

                21.4.3.5.1. Marketing Strategy

                21.4.3.5.2. Product Strategy

                21.4.3.5.3. Channel Strategy

        21.4.4. Qatar Steel 

            21.4.4.1. Overview

            21.4.4.2. Product Portfolio

            21.4.4.3. Profitability by Market Segments (Product/Channel/Region)

            21.4.4.4. Sales Footprint

            21.4.4.5. Strategy Overview

                21.4.4.5.1. Marketing Strategy

                21.4.4.5.2. Product Strategy

                21.4.4.5.3. Channel Strategy

        21.4.5. Hadeed

            21.4.5.1. Overview

            21.4.5.2. Product Portfolio

            21.4.5.3. Profitability by Market Segments (Product/Channel/Region)

            21.4.5.4. Sales Footprint

            21.4.5.5. Strategy Overview

                21.4.5.5.1. Marketing Strategy

                21.4.5.5.2. Product Strategy

                21.4.5.5.3. Channel Strategy

        21.4.6. SIDOR

            21.4.6.1. Overview

            21.4.6.2. Product Portfolio

            21.4.6.3. Profitability by Market Segments (Product/Channel/Region)

            21.4.6.4. Sales Footprint

            21.4.6.5. Strategy Overview

                21.4.6.5.1. Marketing Strategy

                21.4.6.5.2. Product Strategy

                21.4.6.5.3. Channel Strategy

        21.4.7. Khouzestan Steel Co.

            21.4.7.1. Overview

            21.4.7.2. Product Portfolio

            21.4.7.3. Profitability by Market Segments (Product/Channel/Region)

            21.4.7.4. Sales Footprint

            21.4.7.5. Strategy Overview

                21.4.7.5.1. Marketing Strategy

                21.4.7.5.2. Product Strategy

                21.4.7.5.3. Channel Strategy

        21.4.8. Jindal Steel & Power

            21.4.8.1. Overview

            21.4.8.2. Product Portfolio

            21.4.8.3. Profitability by Market Segments (Product/Channel/Region)

            21.4.8.4. Sales Footprint

            21.4.8.5. Strategy Overview

                21.4.8.5.1. Marketing Strategy

                21.4.8.5.2. Product Strategy

                21.4.8.5.3. Channel Strategy

        21.4.9. Gol-e-Gohar

            21.4.9.1. Overview

            21.4.9.2. Product Portfolio

            21.4.9.3. Profitability by Market Segments (Product/Channel/Region)

            21.4.9.4. Sales Footprint

            21.4.9.5. Strategy Overview

                21.4.9.5.1. Marketing Strategy

                21.4.9.5.2. Product Strategy

                21.4.9.5.3. Channel Strategy

        21.4.10. Nucor

            21.4.10.1. Overview

            21.4.10.2. Product Portfolio

            21.4.10.3. Profitability by Market Segments (Product/Channel/Region)

            21.4.10.4. Sales Footprint

            21.4.10.5. Strategy Overview

                21.4.10.5.1. Marketing Strategy

                21.4.10.5.2. Product Strategy

                21.4.10.5.3. Channel Strategy

22. Appendix, Assumptions and Acronyms Used

23. Research Methodology

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List of Tables

​Table 01: Global DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Form, 2015-2030

Table 02: Global DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Production Process, 2015-2030

Table 03: Global DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Application, 2015-2030

Table 04: Global DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Region, 2015-2030

Table 05: North America Market Size (US$ Mn) and Volume (Tons) Forecast by Country, 2015-2030

Table 06: North America DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Form, 2015-2030

Table 07: North America DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Production Process, 2015-2030

Table 08: North America DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Application, 2015-2030

Table 09: Latin America Market Size (US$ Mn) and Volume (Tons) Forecast by Country, 2015-2030

Table 10: Latin America DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Form, 2015-2030

Table 11: Latin America DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Production Process, 2015-2030

Table 12: Latin America DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Application, 2015-2030

Table 13: Europe Market Size (US$ Mn) and Volume (Tons) Forecast by Country, 2015-2030

Table 14: Europe DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Form, 2015-2030

Table 15: Europe DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Production Process, 2015-2030

Table 16: Europe DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Application, 2015-2030

Table 17: South Asia & Pacific Market Size (US$ Mn) and Volume (Tons) Forecast by Country, 2015-2030

Table 18: South Asia & Pacific DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Form, 2015-2030

Table 19: South Asia & Pacific DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Production Process, 2015-2030

Table 20: South Asia & Pacific DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Application, 2015-2030

Table 21: East Asia Market Size (US$ Mn) and Volume (Tons) Forecast by Country, 2015-2030

Table 22: East Asia DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Form, 2015-2030

Table 23: East Asia DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Production Process, 2015-2030

Table 24: East Asia DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Application, 2015-2030

Table 25: MEA Market Size (US$ Mn) and Volume (Tons) Forecast by Country, 2015-2030

Table 26: MEA DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Form, 2015-2030

Table 27: MEA DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Production Process, 2015-2030

Table 28: MEA DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Application, 2015-2030

Table 29: MEA Market Size (US$ Mn) and Volume (Tons) Forecast by Country, 2015-2030

Table 30: MEA DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Form, 2015-2030

Table 31: MEA DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Production Process, 2015-2030

Table 32: MEA DRI Market Size (US$ Mn) and Volume (Tons) Forecast by Application, 2015-2030

Nikhil Kaitwade
Principal Consultant
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List of Charts

Figure 01: Global DRI Market Value and BPS Analysis by Form, 2022 & 2030

Figure 02: Global DRI Market Y-o-Y Growth (%) Projections by Form, 2022-2030

Figure 03: Global DRI Market Attractiveness by Form, 2022-2030

Figure 04: Global DRI Market Incremental $ Opportunity by Form, 2022-2030

Figure 05: Global DRI Market Value and BPS Analysis by Production Process, 2022 & 2030

Figure 06: Global DRI Market Y-o-Y Growth (%) Projections by Production Process, 2022-2030

Figure 07: Global DRI Market Attractiveness by Production Process, 2022-2030

Figure 08: Global DRI Market Incremental $ Opportunity by Production Process, 2022-2030

Figure 09: Global DRI Market Value and BPS Analysis by Application, 2022 & 2030

Figure 10: Global DRI Market Y-o-Y Growth (%) Projections by Application, 2022-2030

Figure 11: Global DRI Market Attractiveness by Application, 2022-2030

Figure 12: Global DRI Market Incremental $ Opportunity by Application, 2022-2030

Figure 13: Global DRI Market Value and BPS Analysis by Region, 2022 & 2030

Figure 14: Global DRI Market Y-o-Y Growth (%) Projections by Region, 2022-2030

Figure 15: Global DRI Market Attractiveness by Region, 2022-2030

Figure 16: Global DRI Market Incremental $ Opportunity by Region, 2022-2030

Figure 17: North America DRI Market Value and BPS Analysis by Region, 2022 & 2030

Figure 18: North America DRI Market Y-o-Y Growth (%) Projections by Region, 2022-2030

Figure 19: North America DRI Market Attractiveness by Region, 2022-2030

Figure 20: North America DRI Market Incremental $ Opportunity by Region, 2022-2030

Figure 21: North America DRI Market Value and BPS Analysis by Form, 2022 & 2030

Figure 22: North America DRI Market Y-o-Y Growth (%) Projections by Form, 2022-2030

Figure 23: North America DRI Market Attractiveness by Form, 2022-2030

Figure 24: North America DRI Market Incremental $ Opportunity by Form, 2022-2030

Figure 25: North America DRI Market Value and BPS Analysis by Production Process, 2022 & 2030

Figure 26: North America DRI Market Y-o-Y Growth (%) Projections by Production Process, 2022-2030

Figure 27: North America DRI Market Attractiveness by Production Process, 2022-2030

Figure 28: North America DRI Market Incremental $ Opportunity by Production Process, 2022-2030

Figure 29: North America DRI Market Value and BPS Analysis by Application, 2022 & 2030

Figure 30: North America DRI Market Y-o-Y Growth (%) Projections by Application, 2022-2030

Figure 31: North America DRI Market Attractiveness by Application, 2022-2030

Figure 32: North America DRI Market Incremental $ Opportunity by Application, 2022-2030

Figure 33: Latin America DRI Market Value and BPS Analysis by Region, 2022 & 2030

Figure 34: Latin America DRI Market Y-o-Y Growth (%) Projections by Region, 2022-2030

Figure 35: Latin America DRI Market Attractiveness by Region, 2022-2030

Figure 36: Latin America DRI Market Incremental $ Opportunity by Region, 2022-2030

Figure 37: Latin America DRI Market Value and BPS Analysis by Form, 2022 & 2030

Figure 38: Latin America DRI Market Y-o-Y Growth (%) Projections by Form, 2022-2030

Figure 39: Latin America DRI Market Attractiveness by Form, 2022-2030

Figure 40: Latin America DRI Market Incremental $ Opportunity by Form, 2022-2030

Figure 41: Latin America DRI Market Value and BPS Analysis by Production Process, 2022 & 2030

Figure 42: Latin America DRI Market Y-o-Y Growth (%) Projections by Production Process, 2022-2030

Figure 43: Latin America DRI Market Attractiveness by Production Process, 2022-2030

Figure 44: Latin America DRI Market Incremental $ Opportunity by Production Process, 2022-2030

Figure 45: Latin America DRI Market Value and BPS Analysis by Application, 2022 & 2030

Figure 46: Latin America DRI Market Y-o-Y Growth (%) Projections by Application, 2022-2030

Figure 47: Latin America DRI Market Attractiveness by Application, 2022-2030

Figure 48: Latin America DRI Market Incremental $ Opportunity by Application, 2022-2030

Figure 49: Europe DRI Market Value and BPS Analysis by Region, 2022 & 2030

Figure 50: Europe DRI Market Y-o-Y Growth (%) Projections by Region, 2022-2030

Figure 51: Europe DRI Market Attractiveness by Region, 2022-2030

Figure 52: Europe DRI Market Incremental $ Opportunity by Region, 2022-2030

Figure 53: Europe DRI Market Value and BPS Analysis by Form, 2022 & 2030

Figure 54: Europe DRI Market Y-o-Y Growth (%) Projections by Form, 2022-2030

Figure 55: Europe DRI Market Attractiveness by Form, 2022-2030

Figure 56: Europe DRI Market Incremental $ Opportunity by Form, 2022-2030

Figure 57: Europe DRI Market Value and BPS Analysis by Production Process, 2022 & 2030

Figure 58: Europe DRI Market Y-o-Y Growth (%) Projections by Production Process, 2022-2030

Figure 59: Europe DRI Market Attractiveness by Production Process, 2022-2030

Figure 60: Europe DRI Market Incremental $ Opportunity by Production Process, 2022-2030

Figure 61: Europe DRI Market Value and BPS Analysis by Application, 2022 & 2030

Figure 62: Europe DRI Market Y-o-Y Growth (%) Projections by Application, 2022-2030

Figure 63: Europe DRI Market Attractiveness by Application, 2022-2030

Figure 64: Europe DRI Market Incremental $ Opportunity by Application, 2022-2030

Figure 65: South Asia & Pacific DRI Market Value and BPS Analysis by Region, 2022 & 2030

Figure 66: South Asia & Pacific DRI Market Y-o-Y Growth (%) Projections by Region, 2022-2030

Figure 67: South Asia & Pacific DRI Market Attractiveness by Region, 2022-2030

Figure 68: South Asia & Pacific DRI Market Incremental $ Opportunity by Region, 2022-2030

Figure 69: South Asia & Pacific DRI Market Value and BPS Analysis by Form, 2022 & 2030

Figure 70: South Asia & Pacific DRI Market Y-o-Y Growth (%) Projections by Form, 2022-2030

Figure 71: South Asia & Pacific DRI Market Attractiveness by Form, 2022-2030

Figure 72: South Asia & Pacific DRI Market Incremental $ Opportunity by Form, 2022-2030

Figure 73: South Asia & Pacific DRI Market Value and BPS Analysis by Production Process, 2022 & 2030

Figure 74: South Asia & Pacific DRI Market Y-o-Y Growth (%) Projections by Production Process, 2022-2030

Figure 75: South Asia & Pacific DRI Market Attractiveness by Production Process, 2022-2030

Figure 76: South Asia & Pacific DRI Market Incremental $ Opportunity by Production Process, 2022-2030

Figure 77: South Asia & Pacific DRI Market Value and BPS Analysis by Application, 2022 & 2030

Figure 78: South Asia & Pacific DRI Market Y-o-Y Growth (%) Projections by Application, 2022-2030

Figure 79: South Asia & Pacific DRI Market Attractiveness by Application, 2022-2030

Figure 80: South Asia & Pacific DRI Market Incremental $ Opportunity by Application, 2022-2030

Figure 81: East Asia DRI Market Value and BPS Analysis by Region, 2022 & 2030

Figure 82: East Asia DRI Market Y-o-Y Growth (%) Projections by Region, 2022-2030

Figure 83: East Asia DRI Market Attractiveness by Region, 2022-2030

Figure 84: East Asia DRI Market Incremental $ Opportunity by Region, 2022-2030

Figure 85: East Asia DRI Market Value and BPS Analysis by Form, 2022 & 2030

Figure 86: East Asia DRI Market Y-o-Y Growth (%) Projections by Form, 2022-2030

Figure 87: East Asia DRI Market Attractiveness by Form, 2022-2030

Figure 88: East Asia DRI Market Incremental $ Opportunity by Form, 2022-2030

Figure 89: East Asia DRI Market Value and BPS Analysis by Production Process, 2022 & 2030

Figure 90: East Asia DRI Market Y-o-Y Growth (%) Projections by Production Process, 2022-2030

Figure 91: East Asia DRI Market Attractiveness by Production Process, 2022-2030

Figure 92: East Asia DRI Market Incremental $ Opportunity by Production Process, 2022-2030

Figure 93: East Asia DRI Market Value and BPS Analysis by Application, 2022 & 2030

Figure 94: East Asia DRI Market Y-o-Y Growth (%) Projections by Application, 2022-2030

Figure 95: East Asia DRI Market Attractiveness by Application, 2022-2030

Figure 96: East Asia DRI Market Incremental $ Opportunity by Application, 2022-2030

Figure 97: MEA DRI Market Value and BPS Analysis by Region, 2022 & 2030

Figure 98: MEA DRI Market Y-o-Y Growth (%) Projections by Region, 2022-2030

Figure 99: MEA DRI Market Attractiveness by Region, 2022-2030

Figure 100: MEA DRI Market Incremental $ Opportunity by Region, 2022-2030

Figure 101: MEA DRI Market Value and BPS Analysis by Form, 2022 & 2030

Figure 102: MEA DRI Market Y-o-Y Growth (%) Projections by Form, 2022-2030

Figure 103: MEA DRI Market Attractiveness by Form, 2022-2030

Figure 104: MEA DRI Market Incremental $ Opportunity by Form, 2022-2030

Figure 105: MEA DRI Market Value and BPS Analysis by Production Process, 2022 & 2030

Figure 106: MEA DRI Market Y-o-Y Growth (%) Projections by Production Process, 2022-2030

Figure 107: MEA DRI Market Attractiveness by Production Process, 2022-2030

Figure 108: MEA DRI Market Incremental $ Opportunity by Production Process, 2022-2030

Figure 109: MEA DRI Market Value and BPS Analysis by Application, 2022 & 2030

Figure 110: MEA DRI Market Y-o-Y Growth (%) Projections by Application, 2022-2030

Figure 111: MEA DRI Market Attractiveness by Application, 2022-2030

Figure 112: MEA DRI Market Incremental $ Opportunity by Application, 2022-2030

Figure 113: MEA DRI Market Value and BPS Analysis by Region, 2022 & 2030

Figure 114: MEA DRI Market Y-o-Y Growth (%) Projections by Region, 2022-2030

Figure 115: MEA DRI Market Attractiveness by Region, 2022-2030

Figure 116: MEA DRI Market Incremental $ Opportunity by Region, 2022-2030

Figure 117: MEA DRI Market Value and BPS Analysis by Form, 2022 & 2030

Figure 118: MEA DRI Market Y-o-Y Growth (%) Projections by Form, 2022-2030

Figure 119: MEA DRI Market Attractiveness by Form, 2022-2030

Figure 120: MEA DRI Market Incremental $ Opportunity by Form, 2022-2030

Figure 121: MEA DRI Market Value and BPS Analysis by Production Process, 2022 & 2030

Figure 122: MEA DRI Market Y-o-Y Growth (%) Projections by Production Process, 2022-2030

Figure 123: MEA DRI Market Attractiveness by Production Process, 2022-2030

Figure 124: MEA DRI Market Incremental $ Opportunity by Production Process, 2022-2030

Figure 125: MEA DRI Market Value and BPS Analysis by Application, 2022 & 2030

Figure 126: MEA DRI Market Y-o-Y Growth (%) Projections by Application, 2022-2030

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