DRI helps Nucor drive into auto: Ferriola

May 14, 2014 | 11:46 AM | Michael Cowden

Tags  Nucor, John Ferriola, Great Designs in Steel, automotive, direct reduced iron, DRI, exposed automotive, scrap supply chain

LIVONIA, Mich. — Nucor Corp. is producing exposed automotive steels thanks in part to its direct-reduced iron (DRI) facility in St. James Parish, La., the company’s top executive said.

"It’s steel on vehicles on the roads today. It seems that we’re having trouble getting that point across because I think people are shocked that an (electric-arc furnace) can actually do that," said John J. Ferriola, chairman, president and chief executive officer of the Charlotte, N.C.-based steelmaker.

Citing confidentiality agreements, Ferriola declined to say which vehicles might use Nucor’s exposed automotive steels. "But I can tell you, you’ll pass them every day," he said.....

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