Oman becomes Largest Importer of Iranian DRI - Data

According customs data, Iran has exported nearly 175,000 MT DRI in FY17. Oman was the largest importer of Iran's DRI as it procured nearly 60% material.

Iran is the world's 2nd largest DRI producer & exporter in the world with an installed capacity of 25-27 MnT per annum and with an annual production of 14-15 MnT. The country's DRI production significantly surged.

Availability of cheaper electricity and abundant supply of natural gas, drives the Country's DRI production at low cost.

In FY17, Oman is the largest Importer of Iranian DRI by importing 100,000 MT followed Kuwait at 30,000 MT, India at 25,100 MT & Malaysia at 11,000 MT.

Highest amount of DRI imports was reported during Feb'17 at 41,900 MT followed Dec-16 (25,200 MT), May-16 (20,000 MT) & Jul-16 (18,400 MT).