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
Op-Ed: Ternium CEO Máximo Vedoya wants a fair future forged in steel
After recently receiving an industry honor on behalf of Ternium, I had the opportunity to reflect and share my vision on the state and future of our industry.
Nippon eyeing new $4B U.S. Steel mill to sweeten deal: Report
Nippon Steel could build a new domestic U.S. Steel mill with a total investment of $4 billion.
Nucor cuts CSP by $20/ton, third straight drop
Nucor has lowered its consumer spot price by $20 per short ton, marking the third consecutive weekly decrease.
Nucor reports IT systems breach
Nucor said it temporarily and proactively halted some production operations at various locations.
Cliffs talks DOE funding, blast furnace relining schedule
The future of two projects supported in part by funding through the Department of Energy remains uncertain.