1、CLASSIFICATION C0-PUBLIC1Challenges and Solutions in Operating a Direct Reduction Plant in the Middle EastCLASSIFICATION C0-PUBLICOVERVIEW OF THE MIDDLE EASTS DIRECT REDUCTION PLANT LANDSCAPE2FEW KEY PLAYERS IN MIDDLE EASTSaudi Arabia-Saudi Iron&Steel Company(Hadeed)Qatar -Qatar SteelUAE -EM SteelEg
2、ypt -Ezz Steel,Suez Steel Company Algeria -Algerian Qatari Steel(AQS),Tosyali Algeria Bahrain -United Steel Company(SULB)Current landscape of the DRI industry,clearly shows that the Middle East is indeed a powerhouse.In recent years,the region produced approximately 60.9 million tons of DRI,marking
3、a significant increase over previous years.Middle East is home to key players such as Saudi Arabia,Qatar,UAE,Bahrain,Oman,Egypt,Kuwait,and Algeria.According to the recent 2023 production statistics released by Midrex.Saudi Arabia and Egypt rank among the top five producers globally.This region is tr
4、uly a cornerstone of global DRI productionMIDDLE EAST AND NORTH AFRICACLASSIFICATION C0-PUBLIC3The demand for direct reduction productivity,closely tied to global steel demand,is now on the riseThe Middle East dominated the DRI market with a share of 39.3%in 2023 and are expected to grow by 5-6%by 2
5、030.According to the World Steel Association,nearly 80 million tons of new DRI capacity expansions are forecasted globally by 2030,with 32 million tons coming from the Middle East.This proves that Middle East will continue to be a key player in global DRI production.The regional breakdown is as foll
6、ows:Europe(including Russia)34 million tons,Asia and Other 14 million tons.Continuous investments in technological advancements and infrastructure development are pushing the regional DRI market forward.OVERVIEW OF THE MIDDLE EASTS DIRECT REDUCTION PLANT LANDSCAPEHowever,in this fast-changing and co