Storage Dome Collapse at Nucor Steel Louisiana Delays Start-Up of DRI Facility
DRI is one of the raw materials used in steelmaking and is produced by using natural gas to convert iron ore pellets into DRI. The iron ore pellets are stored in domes. The collapsed storage dome was one of three on the site. Once in full operation, the DRI plant is anticipated to produce 2.5 million tons of DRI per year, making it the largest DRI plant in the world and the first one operating in the U.S. in several years. Construction and hot commissioning of the plant are continuing during the incident investigation and damage assessment.
The DRI project is a US$750 million project. Nucor Steel Louisiana has hired 140 people to work at the plant with a planned hiring goal of 150. Construction of the plant has been underway for two years and has employed more than 600 construction workers during that time.
Nucor and affiliates are manufacturers of steel products, with operating facilities primarily in the U.S. and Canada. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; steel fasteners; metal building systems; steel grating and expanded metal; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and HBI/DRI; supplies ferroalloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.