Canada Direct Reduced Iron Market - Forecast(2023 - 2028)
The Canada Direct Reduced Iron Market research report is an infographic report covering supply, demand and trade statistics for Direct Reduced Iron, both in volume and value. This report looks at the industry state between 2016-2021 and the forecast till 2027. The report also covers companies, trade pricing, patents, university-level research, future growth opportunities and M&A analysis.
![Canada Direct Reduced Iron Market Report IndustryARC](https://i.imgur.com/zgVN5Kw.png)
Detailed Scope of the Report
1. The Production, Import Export/Trade statistics for Direct Reduced Iron between 2016-2021.
2. Historical demand for Direct Reduced Iron from 2016-2021 and forecast to 2027.
3. Comprehensive list of companies and revenue for 3+ top companies.
4. Assessment of relevant Mergers and Acquisitions.
5. Investment, projects, and R&D initiatives done between 2016 and 2021.
6. Patenting scenario covering patents filed, published, and granted between 2016-2021.
7. Research framework based on the assessment of 7 Pillars - Supply, Demand, Trade, Companies, Patents, and Macro-environment factors.
Company Snapshot: The top companies are Iron Ore Company of Canada., ArcelorMittal Canada Inc. and Yokogawa Canada, Inc.
![Canada Direct Reduced Iron Market Growth IndustryARC](https://i.imgur.com/2flvkbo.png)
Key Takeaways & Recent Developments
A. The production volume of Direct Reduced Iron in 2021 stood at 1600 Th Metric Tons.
B. Import volume increased from 1.6 Th Metric Tons in 2016 to 11 Th Metric Tons in 2021.
C. The demand was 1577 Th Metric Tons in 2021.
D. The US Exported more than 100% of Direct Reduced Iron to Canada in 2021.
E. On 07th June 2022 Rio Tinto and the Salzgitter Group have signed a Memorandum of Understanding (MOU) to work together towards carbon-free steelmaking by studying optimisation of Rio Tinto’s high-quality Canadian and Australian iron ore products for use in Salzgitter’s SALCOS green steel project in Germany.
F. Canada has 6000 million metric tons Iron Ore reserves as of 2021.
![Canada Direct Reduced Iron Import Export Data IndustryARC](https://i.imgur.com/ewC4pBa.png)
FAQs (Frequently Asked Questions):
a) What was Canada’s Direct Reduced Iron market size in 2021?
Ans: The demand was 1577 Th Metric Tons in 2021.
b) Where does Canada Import Direct Reduced Iron from?
Ans: The majority of imports come from the US.
c) What are the top companies in Direct Reduced Iron market?
Ans: Iron Ore Company of Canada., ArcelorMittal Canada Inc. and Yokogawa Canada, Inc. are the top companies in the Direct Reduced Iron market.
d) Which are the major local universities/ research institutes involved in R&D?
Ans: University of Alberta, University of Calgary and University of Toronto are actively involved in R&D.
1. Canada Direct Reduced Iron Market Overview
1.1. Scope and Taxonomy
1.2. Research Methodology
1.3. Executive Summary (Value and Volume)
1.4. YoY Growth Rate
2. Canada Direct Reduced Iron Market Analysis
2.1. Value Chain and Supply Chain
2.2. PESTEL Analysis
2.3. Porter’s Five Forces
2.4. Top Trends
2.5. Drivers & Restraints
2.6. Challenges & Opportunities
3. Canada Direct Reduced Iron Market Landscape
3.1. Production Data
3.2. Import Export Data
3.3. Trade Pricing Analysis
3.4. YOY Growth Rate and CAGR Forecast
3.5. Historical Market Size (Value and Volume)
3.6. Market Size Forecast and Industry Outlook
3.7. Investments and Market Growth Opportunities
4. Canada Direct Reduced Iron Market Entropy
4.1. M&A
4.2. Investments and R&D
4.3. Market Growth Opportunities
4.4. Covid-19 Impact Analysis
5. Competitive Landscape
5.1. Iron Ore Company of Canada.
5.2. ArcelorMittal Canada Inc.
5.3. Yokogawa Canada, Inc
6. Institutional Research Projects
7. Patent Research (2016-2021)
8. Supporting Statistics
9. Data Sources
10. Disclaimer