SDI's mad dash into alternative iron is proving a major marathon
Oct 21, 2005 | 07:17 AM
| Scott Robertson
Steel Dynamics Inc. (SDI), Fort Wayne, Ind., continues to make headway in its attempts to secure alternative iron products, although company executives admit that progress has been slower than desired and marked with considerable hurdles.
At the same time, SDI is preparing to resume rail output at its structural and rail division, production that has been idle for two months as the company has moved to satisfy increased demand for structural products, it said.
Permits are in hand for the Mesabi Nugget project plants in Indiana and Minnesota, but no construction is expected to get under way on the iron substitute projects until some time in 2006, Mark Millett, vice president and general manager of SDI's flat-rolled division in Butler, Ind., said. Mesabi Nugget is a joint venture of SDI, Cleveland Cliffs Inc., Cleveland, and Kobe Steel Ltd., Kobe, Japan.....
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