Essar Steel Minnesota mulls new joint-venture DRI facility

Dec 19, 2012 | 11:44 AM | Stacy Irish

Tags  Essar Steel Minnestoa, direct-reduced iron, DRI, Iron Range Resources & Rehabilitation Board, iron ore pellet, Steel First, Stacy Irish

NEW YORK — Essar Steel Minnesota LLC is in talks to build a direct-reduced iron (DRI) plant as part of a joint venture with several leading U.S. steel producers.

The company updated Iron Range Resources and Rehabilitation Board officials on the project, which has an estimated cost of $1.5 billion, according to local media reports.....

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