Steel Mills
Storage Dome Collapse to Delay Start-up of Nucor DRI Plant
Written by Sandy Williams
September 26, 2013
A storage dome collapse will delay the start-up of Nucor’s new DRI plant in Convent, La., until the end of the year said Nucor officials in a press release on Sept. 26.
On Wednesday afternoon, one of three storage domes for storage of iron ore pellets, suffered structural failure and collapsed, creating what sounded like an explosion and prompting calls to 911. No explosion, fire or injuries occurred. The dome, which is constructed of concrete with a fabric skin, was reported to look a deflated balloon. The conveyor system connected to the tops of the three domes was bent. The collapse is under investigation said Nucor officials.
The plant is in the “commissioning stage” and was expected to start production in the next few weeks. The incident will delay the start of the $750 million DRI project that has been under construction since March 2011. The plant will use natural gas to convert iron ore pellets into direct reduced iron. The plant is expected to produce 2.5 million tons of DRI per year.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Government seeks extension in USS-Nippon lawsuit as talks continue
The government said it hopes to reach an agreement with the two companies outside of the courts, according to a filing last week.
Toyota Tsusho America to acquire Radius Recycling for $1.34 billion
The companies said Thursday that Radius shareholders will receive $30 per share in cash upon the deal’s closing, which is expected in the second half of this year.
Algoma resumes steel shipments to US, sees opportunity in tariffs
Algoma Steel has resumed shipments to the US, effective Friday, March 14. And the Canadian steelmaker sees a potential opportunity with the current tariff situation.
Algoma posts narrower Q4 loss, braces for tariff impact as US shipments pause
Algoma Steel's net loss narrowed in the fourth quarter vs. a year earlier amid economic uncertainty and tariff-related issues.
Evraz NA refutes report it falsified tests on plate for US military
Employees at Evraz North America, a subsidiary of Russia's Evraz plc, reportedly falsified quality control test results on armored plate for military vehicles. Evraz NA denies the claims.