Global Direct-Reduced-Iron (DRI) market size is predicted to grow from US$ 36760 million in 2025 to US$ 59310 million in 2031; it is expected to grow at a CAGR of 8.3% from 2025 to 2031.

Direct-Reduced-Iron (DRI) Market Trends, Growth and Outlook 2025-31

The global Direct-Reduced-Iron (DRI) market size is predicted to grow from US$ 36760 million in 2025 to US$ 59310 million in 2031; it is expected to grow at a CAGR of 8.3% from 2025 to 2031. Direct reduced iron(DRI), also calledsponge iron,is produced from the directreductionofiron ore(in the form of lumps, pellets, or fines) into iron by areducing gasor elementalcarbonproduced fromnatural gasorcoal. Many ores are suitable for direct reduction. Asia-Pacific is the fastest growing market. Infinity Market Research newest research report, the Direct-Reduced-Iron (DRI) Industry Forecast looks at past sales and reviews total world Direct-Reduced-Iron (DRI) sales in 2024, providing a comprehensive analysis by region and market sector of projected Direct-Reduced-Iron (DRI) sales for 2025 through 2031. With Direct-Reduced-Iron (DRI) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Direct-Reduced-Iron (DRI) industry. This Insight Report provides a comprehensive analysis of the global Direct-Reduced-Iron (DRI) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Direct-Reduced-Iron (DRI) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Direct-Reduced-Iron (DRI) market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Direct-Reduced-Iron (DRI) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Direct-Reduced-Iron (DRI). This report presents a comprehensive overview, market shares, and growth opportunities of Direct-Reduced-Iron (DRI) market by product type, application, key manufacturers and key regions and countries. Segmentation by Type: &nbsp;&nbsp;&nbsp; Gas-based DRI &nbsp;&nbsp;&nbsp; Coal-based DRI Segmentation by Application: &nbsp;&nbsp;&nbsp; Electric Arc Furnaces &nbsp;&nbsp;&nbsp; Blast Furnaces &nbsp;&nbsp;&nbsp; Others This report also splits the market by region: &nbsp;&nbsp;&nbsp; Americas &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil &nbsp;&nbsp;&nbsp; APAC &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Korea &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Asia &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia &nbsp;&nbsp;&nbsp; Europe &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UK &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Russia &nbsp;&nbsp;&nbsp; Middle East & Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration. &nbsp;&nbsp;&nbsp; Qatar Steel &nbsp;&nbsp;&nbsp; Kobe Steel Ltd &nbsp;&nbsp;&nbsp; NUCOR &nbsp;&nbsp;&nbsp; Midrex Technologies Inc. &nbsp;&nbsp;&nbsp; Khouzestan Steel Company &nbsp;&nbsp;&nbsp; Welspun Group &nbsp;&nbsp;&nbsp; Jindal Shadeed Iron & Steel LLC &nbsp;&nbsp;&nbsp; Tosyali Algeria A.S. &nbsp;&nbsp;&nbsp; Tuwairqi Steel Mills Limited &nbsp;&nbsp;&nbsp; ArcelorMittal &nbsp;&nbsp;&nbsp; Essar Steel &nbsp;&nbsp;&nbsp; Voestalpine AG Key Questions Addressed in this Report What is the 10-year outlook for the global Direct-Reduced-Iron (DRI) market? What factors are driving Direct-Reduced-Iron (DRI) market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Direct-Reduced-Iron (DRI) market opportunities vary by end market size? How does Direct-Reduced-Iron (DRI) break out by Type, by Application?

1 Scope of the Report &nbsp;1.1 Market Introduction &nbsp;1.2 Years Considered &nbsp;1.3 Research Objectives &nbsp;1.4 Market Research Methodology &nbsp;1.5 Research Process and Data Source &nbsp;1.6 Economic Indicators &nbsp;1.7 Currency Considered &nbsp;1.8 Market Estimation Caveats 2 Executive Summary &nbsp;2.1 World Market Overview &nbsp;2.1.1 Global Direct-Reduced-Iron (DRI) Annual Sales 2020-2031 &nbsp;2.1.2 World Current & Future Analysis for Direct-Reduced-Iron (DRI) by Geographic Region, 2020, 2024 & 2031 &nbsp;2.1.3 World Current & Future Analysis for Direct-Reduced-Iron (DRI) by Country/Region, 2020, 2024 & 2031 &nbsp;2.2 Direct-Reduced-Iron (DRI) Segment by Type &nbsp;2.2.1 Gas-based DRI &nbsp;2.2.2 Coal-based DRI &nbsp;2.3 Direct-Reduced-Iron (DRI) Sales by Type &nbsp;2.3.1 Global Direct-Reduced-Iron (DRI) Sales Market Share by Type (2020-2025) &nbsp;2.3.2 Global Direct-Reduced-Iron (DRI) Revenue and Market Share by Type (2020-2025) &nbsp;2.3.3 Global Direct-Reduced-Iron (DRI) Sale Price by Type (2020-2025) &nbsp;2.4 Direct-Reduced-Iron (DRI) Segment by Application &nbsp;2.4.1 Electric Arc Furnaces &nbsp;2.4.2 Blast Furnaces &nbsp;2.4.3 Others &nbsp;2.5 Direct-Reduced-Iron (DRI) Sales by Application &nbsp;2.5.1 Global Direct-Reduced-Iron (DRI) Sale Market Share by Application (2020-2025) &nbsp;2.5.2 Global Direct-Reduced-Iron (DRI) Revenue and Market Share by Application (2020-2025) &nbsp;2.5.3 Global Direct-Reduced-Iron (DRI) Sale Price by Application (2020-2025) 3 Global by Company &nbsp;3.1 Global Direct-Reduced-Iron (DRI) Breakdown Data by Company &nbsp;3.1.1 Global Direct-Reduced-Iron (DRI) Annual Sales by Company (2020-2025) &nbsp;3.1.2 Global Direct-Reduced-Iron (DRI) Sales Market Share by Company (2020-2025) &nbsp;3.2 Global Direct-Reduced-Iron (DRI) Annual Revenue by Company (2020-2025) &nbsp;3.2.1 Global Direct-Reduced-Iron (DRI) Revenue by Company (2020-2025) &nbsp;3.2.2 Global Direct-Reduced-Iron (DRI) Revenue Market Share by Company (2020-2025) &nbsp;3.3 Global Direct-Reduced-Iron (DRI) Sale Price by Company &nbsp;3.4 Key Manufacturers Direct-Reduced-Iron (DRI) Producing Area Distribution, Sales Area, Product Type &nbsp;3.4.1 Key Manufacturers Direct-Reduced-Iron (DRI) Product Location Distribution &nbsp;3.4.2 Players Direct-Reduced-Iron (DRI) Products Offered &nbsp;3.5 Market Concentration Rate Analysis &nbsp;3.5.1 Competition Landscape Analysis &nbsp;3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) &nbsp;3.6 New Products and Potential Entrants &nbsp;3.7 Market M&A Activity & Strategy 4 World Historic Review for Direct-Reduced-Iron (DRI) by Geographic Region &nbsp;4.1 World Historic Direct-Reduced-Iron (DRI) Market Size by Geographic Region (2020-2025) &nbsp;4.1.1 Global Direct-Reduced-Iron (DRI) Annual Sales by Geographic Region (2020-2025) &nbsp;4.1.2 Global Direct-Reduced-Iron (DRI) Annual Revenue by Geographic Region (2020-2025) &nbsp;4.2 World Historic Direct-Reduced-Iron (DRI) Market Size by Country/Region (2020-2025) &nbsp;4.2.1 Global Direct-Reduced-Iron (DRI) Annual Sales by Country/Region (2020-2025) &nbsp;4.2.2 Global Direct-Reduced-Iron (DRI) Annual Revenue by Country/Region (2020-2025) &nbsp;4.3 Americas Direct-Reduced-Iron (DRI) Sales Growth &nbsp;4.4 APAC Direct-Reduced-Iron (DRI) Sales Growth &nbsp;4.5 Europe Direct-Reduced-Iron (DRI) Sales Growth &nbsp;4.6 Middle East & Africa Direct-Reduced-Iron (DRI) Sales Growth 5 Americas &nbsp;5.1 Americas Direct-Reduced-Iron (DRI) Sales by Country &nbsp;5.1.1 Americas Direct-Reduced-Iron (DRI) Sales by Country (2020-2025) &nbsp;5.1.2 Americas Direct-Reduced-Iron (DRI) Revenue by Country (2020-2025) &nbsp;5.2 Americas Direct-Reduced-Iron (DRI) Sales by Type (2020-2025) &nbsp;5.3 Americas Direct-Reduced-Iron (DRI) Sales by Application (2020-2025) &nbsp;5.4 United States &nbsp;5.5 Canada &nbsp;5.6 Mexico &nbsp;5.7 Brazil 6 APAC &nbsp;6.1 APAC Direct-Reduced-Iron (DRI) Sales by Region &nbsp;6.1.1 APAC Direct-Reduced-Iron (DRI) Sales by Region (2020-2025) &nbsp;6.1.2 APAC Direct-Reduced-Iron (DRI) Revenue by Region (2020-2025) &nbsp;6.2 APAC Direct-Reduced-Iron (DRI) Sales by Type (2020-2025) &nbsp;6.3 APAC Direct-Reduced-Iron (DRI) Sales by Application (2020-2025) &nbsp;6.4 China &nbsp;6.5 Japan &nbsp;6.6 South Korea &nbsp;6.7 Southeast Asia &nbsp;6.8 India &nbsp;6.9 Australia &nbsp;6.10 China Taiwan 7 Europe &nbsp;7.1 Europe Direct-Reduced-Iron (DRI) by Country &nbsp;7.1.1 Europe Direct-Reduced-Iron (DRI) Sales by Country (2020-2025) &nbsp;7.1.2 Europe Direct-Reduced-Iron (DRI) Revenue by Country (2020-2025) &nbsp;7.2 Europe Direct-Reduced-Iron (DRI) Sales by Type (2020-2025) &nbsp;7.3 Europe Direct-Reduced-Iron (DRI) Sales by Application (2020-2025) &nbsp;7.4 Germany &nbsp;7.5 France &nbsp;7.6 UK &nbsp;7.7 Italy &nbsp;7.8 Russia 8 Middle East & Africa &nbsp;8.1 Middle East & Africa Direct-Reduced-Iron (DRI) by Country &nbsp;8.1.1 Middle East & Africa Direct-Reduced-Iron (DRI) Sales by Country (2020-2025) &nbsp;8.1.2 Middle East & Africa Direct-Reduced-Iron (DRI) Revenue by Country (2020-2025) &nbsp;8.2 Middle East & Africa Direct-Reduced-Iron (DRI) Sales by Type (2020-2025) &nbsp;8.3 Middle East & Africa Direct-Reduced-Iron (DRI) Sales by Application (2020-2025) &nbsp;8.4 Egypt &nbsp;8.5 South Africa &nbsp;8.6 Israel &nbsp;8.7 Turkey &nbsp;8.8 GCC Countries 9 Market Drivers, Challenges and Trends &nbsp;9.1 Market Drivers & Growth Opportunities &nbsp;9.2 Market Challenges & Risks &nbsp;9.3 Industry Trends 10 Manufacturing Cost Structure Analysis &nbsp;10.1 Raw Material and Suppliers &nbsp;10.2 Manufacturing Cost Structure Analysis of Direct-Reduced-Iron (DRI) &nbsp;10.3 Manufacturing Process Analysis of Direct-Reduced-Iron (DRI) &nbsp;10.4 Industry Chain Structure of Direct-Reduced-Iron (DRI) 11 Marketing, Distributors and Customer &nbsp;11.1 Sales Channel &nbsp;11.1.1 Direct Channels &nbsp;11.1.2 Indirect Channels &nbsp;11.2 Direct-Reduced-Iron (DRI) Distributors &nbsp;11.3 Direct-Reduced-Iron (DRI) Customer 12 World Forecast Review for Direct-Reduced-Iron (DRI) by Geographic Region &nbsp;12.1 Global Direct-Reduced-Iron (DRI) Market Size Forecast by Region &nbsp;12.1.1 Global Direct-Reduced-Iron (DRI) Forecast by Region (2026-2031) &nbsp;12.1.2 Global Direct-Reduced-Iron (DRI) Annual Revenue Forecast by Region (2026-2031) &nbsp;12.2 Americas Forecast by Country (2026-2031) &nbsp;12.3 APAC Forecast by Region (2026-2031) &nbsp;12.4 Europe Forecast by Country (2026-2031) &nbsp;12.5 Middle East & Africa Forecast by Country (2026-2031) &nbsp;12.6 Global Direct-Reduced-Iron (DRI) Forecast by Type (2026-2031) &nbsp;12.7 Global Direct-Reduced-Iron (DRI) Forecast by Application (2026-2031) 13 Key Players Analysis &nbsp;13.1 Qatar Steel &nbsp;13.1.1 Qatar Steel Company Information &nbsp;13.1.2 Qatar Steel Direct-Reduced-Iron (DRI) Product Portfolios and Specifications &nbsp;13.1.3 Qatar Steel Direct-Reduced-Iron (DRI) Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.1.4 Qatar Steel Main Business Overview &nbsp;13.1.5 Qatar Steel Latest Developments &nbsp;13.2 Kobe Steel Ltd &nbsp;13.2.1 Kobe Steel Ltd Company Information &nbsp;13.2.2 Kobe Steel Ltd Direct-Reduced-Iron (DRI) Product Portfolios and Specifications &nbsp;13.2.3 Kobe Steel Ltd Direct-Reduced-Iron (DRI) Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.2.4 Kobe Steel Ltd Main Business Overview &nbsp;13.2.5 Kobe Steel Ltd Latest Developments &nbsp;13.3 NUCOR &nbsp;13.3.1 NUCOR Company Information &nbsp;13.3.2 NUCOR Direct-Reduced-Iron (DRI) Product Portfolios and Specifications &nbsp;13.3.3 NUCOR Direct-Reduced-Iron (DRI) Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.3.4 NUCOR Main Business Overview &nbsp;13.3.5 NUCOR Latest Developments &nbsp;13.4 Midrex Technologies Inc. &nbsp;13.4.1 Midrex Technologies Inc. Company Information &nbsp;13.4.2 Midrex Technologies Inc. Direct-Reduced-Iron (DRI) Product Portfolios and Specifications &nbsp;13.4.3 Midrex Technologies Inc. Direct-Reduced-Iron (DRI) Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.4.4 Midrex Technologies Inc. Main Business Overview &nbsp;13.4.5 Midrex Technologies Inc. Latest Developments &nbsp;13.5 Khouzestan Steel Company &nbsp;13.5.1 Khouzestan Steel Company Company Information &nbsp;13.5.2 Khouzestan Steel Company Direct-Reduced-Iron (DRI) Product Portfolios and Specifications &nbsp;13.5.3 Khouzestan Steel Company Direct-Reduced-Iron (DRI) Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.5.4 Khouzestan Steel Company Main Business Overview &nbsp;13.5.5 Khouzestan Steel Company Latest Developments &nbsp;13.6 Welspun Group &nbsp;13.6.1 Welspun Group Company Information &nbsp;13.6.2 Welspun Group Direct-Reduced-Iron (DRI) Product Portfolios and Specifications &nbsp;13.6.3 Welspun Group Direct-Reduced-Iron (DRI) Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.6.4 Welspun Group Main Business Overview &nbsp;13.6.5 Welspun Group Latest Developments &nbsp;13.7 Jindal Shadeed Iron & Steel LLC &nbsp;13.7.1 Jindal Shadeed Iron & Steel LLC Company Information &nbsp;13.7.2 Jindal Shadeed Iron & Steel LLC Direct-Reduced-Iron (DRI) Product Portfolios and Specifications &nbsp;13.7.3 Jindal Shadeed Iron & Steel LLC Direct-Reduced-Iron (DRI) Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.7.4 Jindal Shadeed Iron & Steel LLC Main Business Overview &nbsp;13.7.5 Jindal Shadeed Iron & Steel LLC Latest Developments &nbsp;13.8 Tosyali Algeria A.S. &nbsp;13.8.1 Tosyali Algeria A.S. Company Information &nbsp;13.8.2 Tosyali Algeria A.S. Direct-Reduced-Iron (DRI) Product Portfolios and Specifications &nbsp;13.8.3 Tosyali Algeria A.S. Direct-Reduced-Iron (DRI) Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.8.4 Tosyali Algeria A.S. Main Business Overview &nbsp;13.8.5 Tosyali Algeria A.S. Latest Developments &nbsp;13.9 Tuwairqi Steel Mills Limited &nbsp;13.9.1 Tuwairqi Steel Mills Limited Company Information &nbsp;13.9.2 Tuwairqi Steel Mills Limited Direct-Reduced-Iron (DRI) Product Portfolios and Specifications &nbsp;13.9.3 Tuwairqi Steel Mills Limited Direct-Reduced-Iron (DRI) Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.9.4 Tuwairqi Steel Mills Limited Main Business Overview &nbsp;13.9.5 Tuwairqi Steel Mills Limited Latest Developments &nbsp;13.10 ArcelorMittal &nbsp;13.10.1 ArcelorMittal Company Information &nbsp;13.10.2 ArcelorMittal Direct-Reduced-Iron (DRI) Product Portfolios and Specifications &nbsp;13.10.3 ArcelorMittal Direct-Reduced-Iron (DRI) Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.10.4 ArcelorMittal Main Business Overview &nbsp;13.10.5 ArcelorMittal Latest Developments &nbsp;13.11 Essar Steel &nbsp;13.11.1 Essar Steel Company Information &nbsp;13.11.2 Essar Steel Direct-Reduced-Iron (DRI) Product Portfolios and Specifications &nbsp;13.11.3 Essar Steel Direct-Reduced-Iron (DRI) Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.11.4 Essar Steel Main Business Overview &nbsp;13.11.5 Essar Steel Latest Developments &nbsp;13.12 Voestalpine AG &nbsp;13.12.1 Voestalpine AG Company Information &nbsp;13.12.2 Voestalpine AG Direct-Reduced-Iron (DRI) Product Portfolios and Specifications &nbsp;13.12.3 Voestalpine AG Direct-Reduced-Iron (DRI) Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.12.4 Voestalpine AG Main Business Overview &nbsp;13.12.5 Voestalpine AG Latest Developments 14 Research Findings and Conclusion

Report	Global Direct-Reduced-Iron (DRI) Market Growth 2025-2031
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