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Global DRI production fell 17.5% in May 2026

Global DRI production fell 17.5% in May 2026

According to data released by the World Steel Association (worldsteel), global production of direct reduced iron (DRI) in 12 countries, accounting for approximately 85 percent of total global DRI production in 2025, was 9.75 million metric tons in May this year, up 9.8 percent month-on-month but down 17.5 percent year-on-year. in 2025.

Meanwhile, global DRI production stood at 47.12 million metric tons in the first five months of this year, down 8.7 percent from the corresponding period in 2025.

Worldsteel data shows that India was the largest DRI producer among the countries surveyed in May this year, with its DRI production at 5.19 million metric tons in the given month. India was followed by Iran, Russia and Mexico in May with production of 1.5 million tons, 920,000 tons and 605,000 tons, respectively.

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