Kobe Steel Ltd. of Japan, the parent company of Charlotte, North Carolina-based direct-reduced iron (DRI) producer Midrex Technologies Inc., says it has reached a nonbinding agreement with Vale S.A., ...

Technology provider says customers using its systems produced 3.3 percent more direct reduced iron compared with the prior year. Midrex says among its star performers in 2023 was a DRI plant at Antara ...