| Product Code: ETC9964331 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States saw significant growth in Direct Reduced Iron (DRI) import shipments in 2024, with top exporting countries including Trinidad and Tobago, Japan, India, Spain, and Brazil. The market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI) in 2024, indicating strong competition among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 was 9.68%, showcasing a steady increase in demand for DRI. Additionally, the growth rate from 2023 to 2024 surged by 10.16%, reflecting a promising outlook for the US DRI market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Direct Reduced Iron (DRI) Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Direct Reduced Iron (DRI) Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Direct Reduced Iron (DRI) Market - Industry Life Cycle |
3.4 United States (US) Direct Reduced Iron (DRI) Market - Porter's Five Forces |
3.5 United States (US) Direct Reduced Iron (DRI) Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 United States (US) Direct Reduced Iron (DRI) Market Revenues & Volume Share, By Production Process, 2021 & 2031F |
3.7 United States (US) Direct Reduced Iron (DRI) Market Revenues & Volume Share, By Grade, 2021 & 2031F |
4 United States (US) Direct Reduced Iron (DRI) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for steel production in the United States |
4.2.2 Growing focus on reducing carbon emissions in the steel industry |
4.2.3 Favorable government regulations supporting the use of direct reduced iron (DRI) |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, such as iron ore and natural gas |
4.3.2 Competition from alternative iron production methods like blast furnaces |
4.3.3 High initial investment costs for setting up DRI plants |
5 United States (US) Direct Reduced Iron (DRI) Market Trends |
6 United States (US) Direct Reduced Iron (DRI) Market, By Types |
6.1 United States (US) Direct Reduced Iron (DRI) Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Direct Reduced Iron (DRI) Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 United States (US) Direct Reduced Iron (DRI) Market Revenues & Volume, By Pellets, 2021- 2031F |
6.1.4 United States (US) Direct Reduced Iron (DRI) Market Revenues & Volume, By Lumps, 2021- 2031F |
6.2 United States (US) Direct Reduced Iron (DRI) Market, By Production Process |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Direct Reduced Iron (DRI) Market Revenues & Volume, By Gas-based, 2021- 2031F |
6.2.3 United States (US) Direct Reduced Iron (DRI) Market Revenues & Volume, By Coal-based, 2021- 2031F |
6.3 United States (US) Direct Reduced Iron (DRI) Market, By Grade |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Direct Reduced Iron (DRI) Market Revenues & Volume, By Grade A (FeM 81% Min), 2021- 2031F |
6.3.3 United States (US) Direct Reduced Iron (DRI) Market Revenues & Volume, By Grade B (FeM 78 To 80 %), 2021- 2031F |
6.3.4 United States (US) Direct Reduced Iron (DRI) Market Revenues & Volume, By Grade C (FeM < 78%), 2021- 2031F |
7 United States (US) Direct Reduced Iron (DRI) Market Import-Export Trade Statistics |
7.1 United States (US) Direct Reduced Iron (DRI) Market Export to Major Countries |
7.2 United States (US) Direct Reduced Iron (DRI) Market Imports from Major Countries |
8 United States (US) Direct Reduced Iron (DRI) Market Key Performance Indicators |
8.1 Average capacity utilization rate of DRI plants in the United States |
8.2 Adoption rate of DRI technology in new steel production facilities |
8.3 Percentage of steel produced in the United States using DRI technology |
9 United States (US) Direct Reduced Iron (DRI) Market - Opportunity Assessment |
9.1 United States (US) Direct Reduced Iron (DRI) Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 United States (US) Direct Reduced Iron (DRI) Market Opportunity Assessment, By Production Process, 2021 & 2031F |
9.3 United States (US) Direct Reduced Iron (DRI) Market Opportunity Assessment, By Grade, 2021 & 2031F |
10 United States (US) Direct Reduced Iron (DRI) Market - Competitive Landscape |
10.1 United States (US) Direct Reduced Iron (DRI) Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Direct Reduced Iron (DRI) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |