Big iron ore's longterm strategies diverging in the face of steel ...
WEBFeb 5, 2024 · However, DRI production requires a higher grade of iron ore with a greater iron (Fe) content than that used in coalconsuming blast furnaces. Direct reduction (DR)grade ore has an Fe content of 67% or more. A global steel industry shift from blast furnaces towards DRI will drive a significant shift in the quality profile of traded iron ore.