DRI (Sponge Iron) (Strip) — wholesale Base Metals

DRI (Sponge Iron) (Strip)

Base Metals · HS 7203 · verified suppliers & live price

$3,042.3/MT
0.00% · 📊 Index reference
🛡️ Escrow-protected59 verified suppliers6 sourcing countries
Request a firm quote →

About DRI (Sponge Iron) (Strip)

Direct Reduced Iron (DRI) in strip form is an intermediate iron product produced by reducing iron ore without melting, yielding 92-96% iron content. Primary applications include electric arc furnace (EAF) steel production, foundries, and powder metallurgy. International trade features two principal grades: premium (low impurities, 94-96% Fe) and standard (90-93% Fe). India dominates global production and exports, followed by Russia, Iran, and Mexico. Buyers should verify moisture content carefully, as DRI absorbs atmospheric water readily, affecting flowability and reducing efficiency during processing; proper storage in sealed conditions is essential to maintain product specifications and minimize oxidation losses.

Specifications

Grade / spec
Pellet form, 92% metallization, Strip
HS code
7203
Trading unit
MT
Category
Base Metals
Pricing basis
Genesis Index reference
Buyer protection
Escrow.com · inspection on release
🔒
Payment: Escrow.com · Letter of Credit · Bank wire — every method is held by Escrow.com or settles bank-to-bank. Money never passes through Genesis. Accepted payment methods →

Genesis Sourcing Intelligence™

76/100
Sourcing Index · Strong
59
Verified suppliers
6
Sourcing countries
Indexed
Price transparency

On the Genesis network, DRI (Sponge Iron) (Strip) currently matches 59 verified suppliers across 6 countries, with an indicative benchmark price. Its Genesis Sourcing Index of 76/100 reflects strong sourcing availability — expect fast, competitive firm offers, every one escrow-protected.

Computed live from the Genesis network — verified‑supplier availability, geographic reach and price transparency. Recalculated continuously; found only on Genesis.

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Verified DRI (Sponge Iron) (Strip) suppliers

Frequently asked questions

What is the current price of DRI (Sponge Iron) (Strip)?

DRI (Sponge Iron) (Strip) is priced at approximately $3,042.3 per MT on the live Genesis Index. Request a quote for a firm, escrow-protected offer.

How available is DRI (Sponge Iron) (Strip) to source?

DRI (Sponge Iron) (Strip) carries a Genesis Sourcing Index of 76/100 (Strong), based on 59 verified suppliers across 6 countries on the network and live benchmark pricing. Sourcing is strong — competitive firm offers typically return fast.

Who are verified suppliers of DRI (Sponge Iron) (Strip)?

Genesis Trade lists verified DRI (Sponge Iron) (Strip) suppliers and exporters worldwide, including Iron Srl Import Export, Ironhawk Resources (Iron Ore Operations) Pty Ltd, Msa Green Iron Food Import Export Pty Ltd, Iron Bull Trading Pty Ltd. Every transaction is escrow-protected.

How do I buy DRI (Sponge Iron) (Strip) safely?

Request a quote on Genesis Trade. Payment is held by Escrow.com — a US-licensed, regulated escrow provider — and released only after independent inspection and your confirmation of the goods.

DRI (Sponge Iron) (Strip) suppliers by country