Delivering the Message about direct reduced iron to China

Basetrade Global executives visited potential partners in China when they toured a number of the country’s steel factories in order to develop the market for direct reduced iron (DRI) there. Basetrade’s Chief Executive Officer Francis Zadan explained, “China is a major producer and consumer of steel. DRI is a low-cost, energy-efficient alternative to pig iron. We can foresee the great potential for the growth in DRI’s use in the Chinese steel market, which has not traditionally been geared to exploit it. We expect our initiatives will help to open up this potential market for ourdirect reduced iron producing partners.”