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Midrex: Global DRI Output Increased in 2022

Midrex said production has grown 75% over the last six years, with its plants responsible for much of that output. 

“MIDREX plants produced 73.55 million metric tons of DRI in 2022, which is 3.8% more than the 70.85 million metric tons produced in 2021. MIDREX Technology continued to account for approximately 80% of worldwide production of DRI by shaft furnaces in 2022,” it said.