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2026-01-06 06:00:05 -

Direct Reduced Iron Market Strengthened by Mining Sector Integration

The global direct reduced iron (DRI) market was estimated at USD 47.76 billion in 2024 and is projected to reach USD 68.98 billion by 2030, expanding at a compound annual growth rate (CAGR) of 7.1% from 2025 to 2030. Rapid infrastructure development and accelerating urbanization—particularly across emerging economies—have significantly increased steel consumption, thereby...

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