Cliffs eyes DRI pellet opportunity: Fedor

May 06, 2014 | 04:55 PM | Michael Cowden

Tags  Cliffs Natural Resources, Terry Fedor, Northshore Mining, direct-reduced iron, DRI, pellets, Midrex, HYL Voestalpine

INDIANAPOLIS — Cliffs Natural Resources Inc. sees a potential new market in low-silica pellets that could be used as a feedstock for direct-reduced iron (DRI) plants.

"We see a possible market going forward," Terry G. Fedor II, Cliffs’ executive vice president of U.S. iron ore, said during a press conference May 6 and subsequent interview on the sidelines of the Association of Iron and Steel Technologies’ AISTech conference in Indianapolis.

What Cliffs aims to market is a pellet that could be used as a feedstock for gas-based DRI facilities, which in turn would make material to be charged into an electric-arc furnace, Fedor said.....

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