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

CRU: Tata Steel looks to shed 1,600 jobs in the Netherlands
The company said, “The challenging demand conditions in Europe driven by geopolitical developments, trade and supply chain disruptions and escalating energy costs have affected the operating costs and financial performance."

Reports: Federal funding for Cliffs’ project could be slashed
Elon Musk's DOGE is determining which Department of Energy grants to advance and which ones to terminate, according to several media outlets

Trump still against selling USS to Japanese firm: Report
Despite ordering a new review of Nippon Steel’s bid for U.S. Steel, President Trump said he is still against selling USS to a Japanese company, according to media reports.

Algoma looks to sell more steel in Canada in wake of Trump’s tariffs
The Canadian steelmaker said its absorbing higher tariffs as it moves forward.

Ancora abandons plan to take over leadership of USS
Investment firm Ancora Holdings Group has halted its play for U.S. Steel's board, citing Nippon Steel’s proposed bid for USS “gaining momentum.”