IMIDRO reported 10% y-o-y growth in Iran’s total sponge DRI output during 7M of current fiscal year (20 Mar-21 Oct’20). DRI output by major producers was recorded at 18.12 mn t, with Mobarakeh accounting the largest share with 4.55 mn t. Khouzestan Steel Company and Golgohar Complex remained the second and third largest producer with 2.5 mn t and 1.6 mn t, respectively.

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