03.02.2011 | Editor: Marcel Dröttboom
Charlotte (NC), USA – The Nucor Corporation (NYSE: NUE) has announced that the Louisiana Department of Environmental Quality has issued an air quality permit for its direct reduced iron making facility that will be located in St. James Parish. This allows Nucor to begin ordering equipment and commencing construction immediately.
Issuance of the air quality permit will allow the company to begin the process of ordering equipment and commencing construction at the St. James Parish Project immediately. The permit allows for the construction and operation of two plants with a combined annual direct reduced iron (DRI) production of 5500000 tonnes. Initially, Nucor will build one DRI plant with plans to expand to a second facility.
Direct reduction technology to be used at the S. James Parish Project converts natural gas and iron ore pellets into high quality direct reduced iron used by Nucor‘s steel mills, along with recycled scrap, to produce numerous high quality steel products such as sheet, plate and special bar quality steel. The DRI facility is the first phase of a multi-phase plan that may include a coke plant, blast furnace, pellet plant and steel mill.
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