Forget Scrap -- Direct Reduced Iron Is New Big Trend in Steel Industry, an Industrial Info News Alert

Forget Scrap -- Direct Reduced Iron Is New Big Trend in Steel Industry, an 
Industrial Info News Alert 
SUGAR LAND, TX -- (Marketwired) -- 01/27/14 --  Affordable natural
gas seems to be boosting investments in direct-reduced iron and
hot-briquetted iron (DRI/HBI) in North America, particularly in the
U.S. Companies like Nucor Corporation (NYSE:NUR) (Charlotte, North
Carolina), Voestalpine (Linz, Austria), Republic Steel (Canton,
Ohio), North Star BlueScope (Melbourne, Australia) and newcomer
International Metallics Corporation (Reston, Virginia) are making
huge investments in DRI/HBI. Altogether, companies have spent
approximately $300 million to $800 million on recent DRI projects in
North America. 
Other companies featured: U.S. Steel (NYSE:X) 
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