Sponge Iron Price Today

Sponge Iron Overview

Sponge Iron (Direct Reduced Iron, DRI) is produced by reducing iron ore in the solid state, and is a primary metallic charge for induction and electric arc furnaces — a cleaner, consistent feed widely used by secondary steelmakers.

Applications & End Uses

• Induction furnace and EAF steelmaking
• Substitute / supplement for steel scrap
• Foundry and casting feedstock