WORLD DIRECT REDUCTION STATISTICS
full year, set a new world record in 2021 for DRI production by a single module with 2.28 Mt, exceeding the record it set in 2020 of 2.23 Mt. 2021 saw iron ore prices climb ~$50 per ton in the first half of the year and experience a big drop (~$100 per ton) in the 3rd and 4th quarters, reaching a minimum halfway through the 4th