Nucor will take its Louisiana direct-reduced iron (DRI) plant offline for 60 days in 2019 as part of a $200mn investment designed to boost reliability following multiple unplanned outages in recent years. Planned improvements include $90mn in upgrades to the plant's raw materials handling and storage operation and an $85mn investment to repair and re-engineer the process gas heater at the facility. The two areas accounted for 90pc of the failures at the plant, Nucor chief executive John Ferriola said on an earnings call. The projects are expected to be completed by the end of 2019. Nucor will take the 2.5mn t/yr facility offline for 60 days in the second half of the year to complete some of the work. Click Here For Complete Article Text
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