Evaluation of world and Iranian sponge iron production in 2020

Sponge iron is one of the rechargeable materials of electric arc furnaces. The share of these materials in the world and Iranian steel production is 5 and 85.9%, respectively. According to development plans, Iran is expected to be one of the world's top producers this year. India, Iran, Russia, Mexico and Saudi Arabia are the world's largest producers of sponge iron. Sponge iron is loaded as cold, hot briquette and hot charge in an electric arc furnace. Last year, the world's sponge iron production was 104.4 million tons. 11.38 million tons of hot sponge iron (HDRI) are charged in arc furnaces. The production of hot briquettes (HBI) in the world last year was more than 9 million tons. Mobarakeh Steel Company (Isfahan-Iran) is the world's largest producer of sponge iron with a production of 7.25 million tons. The process of producing Iranian sponge iron (PERED) is expanding more and more.