Cheaper energy sparking ‘rebirth’ for DRI, HBI

Jun 18, 2013 | 01:08 PM | Lisa Gordon

Tags  DRI, HBI, direct-reduced iron, hot-briquetted iron, Midrex Technologies, Tenova Hyl, Tenova, Thomas Scarnati Henry Gaines

NEW YORK — New technologies and cheaper energy are driving a revival in alternative iron units, such as direct-reduced iron (DRI) and hot-briquetted iron (HBI), according to panelists at the Steel Success Strategies XXVIII conference in New York.

"A number of factors have brought about the possible rebirth of direct reduction in North America," Thomas Scarnati, manager of marketing and sales at Tenova Hyl, a subsidiary of Milan-based Tenova SpA, said at the event, sponsored by AMM and World Steel Dynamics Inc., Englewood Cliffs, N.J.....

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