voestalpine direct reduction plant in Texas fully operational since April 1, 2017

10 May 2017 

The completion and opening of the direct reduction plant in Corpus Christi, Texas, last year marked a milestone for the voestalpine Group in its task of securing pre-materials on a long-term basis. After finishing the six-month run-up phase, together with successful completion of all the performance tests, the plant became fully operational on April 1, 2017. As a result, starting in the business year 2017/18, the most advanced and largest plant of its kind in the world will produce two million tonnes of high-quality HBI (hot briquetted iron, or sponge iron) annually—a sophisticated pre-material used in steel production. After concluding the commissioning phase, the final project costs are now known, and amount to USD 1.012 billion. The plant has already achieved a positive result in its first month of full operation.

For the full press release, go to voestalpine.com.

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