Market mulls benefits of DRI use in steelmaking

Sep 12, 2013 | 03:58 PM | Daniel Fitzgerald

Tags  direct-reduced iron, DRI, natural gas, natural gas prices, steel scrap, Sara Hornby, Global Strategic Solutions, Lynn Lupori Hatch Associates

NEW ORLEANS — The future looks bright for direct-reduced iron (DRI) use in the North American steelmaking industry, although some players remain wary about whether the technology can retain its advantages.

Several speakers at AMM’s DRI & Mini-mills Conference in New Orleans outlined the North American market’s distinct suitability in housing DRI production facilities, most notably through access to cheap natural gas.

Sara Hornby, principal at Global Strategic Solutions Inc., Charlotte, N.C., estimated that as many as seven DRI production plants are being considered in the United States.....

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