Louisiana DRI plant outages ‘unacceptable’, says ceo of USA's Nucor

US steelmaker Nucor plans a top-to-bottom review of its direct-reduced iron (DRI) plant in Louisiana after a series of equipment failures and unplanned outages, the company’s top executive said.

“The challenge has been Louisiana’s inability to achieve consistent up time,” John Ferriola, chairman, president and ceo of the Charlotte, North Carolina-based steelmaker said during a recent earnings conference call. “In light of this unacceptable performance pattern, we are currently focused on developing a more holistic approach to achieving system-wide reliability at the plant,” he added.  The DRI plant's most...


Michael Cowden

October 20, 2017

20:41 GMT