Steel Mills
Nucor's Louisiana DRI Plant Back in Operation
Written by Tim Triplett
April 30, 2020
Nucor has resumed production at its Louisiana direct-reduced-iron plant, but its DRI facility in Trinidad remains closed.
As company executives reported during their conference call on Tuesday, the Louisiana facility was brought safely back online after a brief pause earlier this month. “Our DRI plants give us a great deal of flexibility and are a critical part of our overall raw materials sourcing strategy,” said a Nucor spokesperson.
Nucor’s Nu-Iron facility in Trinidad remains down subject to a government order. “Although we are still awaiting a decision, we expect to resume operations there fairly quickly,” the spokesperson added.
Nucor’s access to DRI gives it an advantage, given the tight availability of prime scrap as a result of the automotive plant shutdowns. “We can flex between pig iron sourced on the seaborne market, our own two DRI plants and our DJJ scrap yards. So, we really do have the ultimate ability to shift and flex in that regard,” said Craig Feldman, Nucor executive vice president.
Tim Triplett
Read more from Tim TriplettLatest in Steel Mills
Cleveland-Cliffs quietly removes name from Steelton mill
The Cleveland-Cliffs name has been removed from its idled Steelton rail mill. SMU asked Cliffs about the move and if it might signal that it is selling the mill...
Nucor sees sequentially lower Q3 profits across all three business segments
Nucor's third-quarter earnings will be down quarter-over-quarter, but still higher than a year earlier.
Hyundai still on for Louisiana steel mill despite US raid at Georgia battery plant
Hyundai has reaffirmed its commitment to build a steel plant in Louisiana following a US government immigration raid at its battery facility in Georgia.
Hybar lowers output forecast, owning up to EAF startup delay
Hybar LLC’s rebar mill in Osceola, Ark., is now melting scrap and will soon be fulfilling orders, according to CEO David Stickler, despite a six-to-eight-week delay caused by commissioning the world’s first Aura electrical system.
Steel Dynamics guides to more metal, more money in Q3
Steel Dynamics Inc. is bullish heading into the close of the third quarter, with all three of its operating segments tracking higher.