All eyes on DRI

The steel industry stands on the cusp of decarbonisation, with DRI at its core, potentially heralding a new era of sustainable industrial practices worldwide. And as the green wave rises, regional cost discrepancies for transitioning from gas to hydrogen come into sharp focus, sketching diverse decarbonisation roadmaps across the globe. The focus is shifting towards the potential of green iron transportation, as opposed to the concurrent shipping of green hydrogen and iron ore, effectively changing how we look at iron and steelmaking. This report delves into some key DRI technologies, cost economics and the challenges and levers influencing the shift to green DRI as the clarion call for decarbonisation amplifies globally.