What does DRI stand for?

Direct Reduced Iron

WHAT Processed iron ore that is iron rich enough to be used as a scrap substitute in electric furnace steelmaking. WHY As mini mills expand their product abilities to sheet steel, they require much higher grades of scrap to approach integrated mill quality. Enabling the mini mills to use iron ore without the blast furnace, DRI can serve as a low residual raw material and alleviate the mini mills' dependence on cleaner, higher priced scrap.