Steel Mills
No DRI Plant for North Star Bluescope
Written by Sandy Williams
July 17, 2014
North Star Bluescope Steel will not be building a DRI plant at its steelworks in Delta, Ohio. The company, jointly owned by Bluescope and Cargill Inc., announced that it had concluded a feasibility study on building a DRI facility and found that the “forecast risk adjusted returns are not sufficiently attractive to justify the investment.”
North Star BlueScope Steel, a producer of flat rolled steel, operates two electric arc furnaces with a total output of approximately 2 million tons of hot rolled coil annually.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Biden extends deadline for unwinding Nippon/USS deal to June
The Biden administration has pushed back until June the date for which Nippon Steel must unwind its $14.9-billion dollar deal for Pittsburgh-based U.S. Steel, the companies said on Saturday.
Nucor to build third utility tower plant in Utah
The steelmaker is completing construction of two such production facilities in Alabama and Indiana.
Hyundai mulls building $6B sheet steel mill in southern US
Hyundai Motor Group is reportedly considering building a sheet steel mill just south of Baton Rouge, La.
Nippon/USS file lawsuits against US government, Cliffs, and USW head
Nippon Steel and U.S. Steel have filed two lawsuits, one against the US government and the other against Cleveland-Cliffs and the United Steelworkers (USW) union's leader.
CMC earnings slip on slow construction, low prices
Slow construction activity and low steel prices weighed down profits for Commercial Metals Company.