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

Hot-rolled coil market remains slow, market participants say
Hot rolled spot market participants reported another week of moderate demand and ample supply, with no strong signs that conditions will change next week.

CRU: Blackout knocks out ArcelorMittal mill ‘for months’
Truchas works in Lazaro Cadenas, Michoacan, western Mexico. Repairs may take up to six months.

Nippon Steel posts quarterly loss on cost to buy U.S. Steel
Nippon Steel earnings take hit from buy of U.S. Steel.

Atlas completes Evraz NA deal, renames firm, and hires former USS exec as CEO
Atlas Holdings has completed its acquisition of Evraz North America (Evraz NA) and its subsidiaries.

ArcelorMittal: As tariffs slow global growth, Calvert could be a bright spot
ArcelorMittal expects less demand growth across most of the markets it operates in, including the US, because of President Donald Trump’s tariffs. But the Luxembourg-based steelmaker also thinks it stands to benefit from an increasingly regionalized world thanks to investments like the new EAF at its mill in Calvert, Ala.