Nearly 141 million tons of scrap alternative direct-reduced iron were produced last year, which is 30 percent higher compared with 2019. Midrex plants produced more than half of the 2024 DRI total, ...
Kobe Steel Ltd. of Japan, the parent company of Charlotte, North Carolina-based direct-reduced iron (DRI) producer Midrex Technologies Inc., says it has reached a nonbinding agreement with Vale S.A., ...