Nucor Corporation disclosed that its direct reduced iron (DRI) plant in Louisiana resumed operations at the end of January.
The plant temporarily suspended production at the end of last year for planned maintenance and the company decided not to resume production at that time based on market conditions. Nucor’s raw materials strategy is built on flexibility. The company constantly evaluates the market for the lowest cost raw material inputs at the quality levels the customers need. Changes in the raw materials market led to the decision to restart plant operations.
Published in the March 2016 Edition of American Recycler News