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Direct Reduced Iron (DRI), also known as sponge iron, is a key raw material used in modern steelmaking, especially in Electric Arc Furnaces and Induction Furnaces. As the world’s largest producer of sponge iron, India plays a major role in the global DRI supply chain and the growth of the secondary steel sector. Read on to understand the DRI full form, its production process, types, advantages, and its role in India’s steel industry.

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Import/export business is a company that either exports products to be sold globally or imports goods to be sold in the domestic market. These organisations have restrictions on the products they can import/export and should obtain the Importer-Exporter Code before starting their business.

Last updated on: Jul 15, 2024
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