""A joint venture between Australia's BlueScope Steel and commodity trader Cargill plans to build a DRI plant in Ohio, say analysts at Barclays in New York.""
""While Nucor will use DRI iron in Louisiana at its electric arc furnaces, the final stage of its steel-making process, the company will still get most of its raw material from scrap steel. The DRI iron doesn't just provide a cost advantage: it also helps to make smoother, blemish-free steel that's stronger""
Someone needs to e-mail the Co.
I used to hold and they still owe me about 11 cents. I'm watching to get back in soon, if the announcements are good. Maybe, end of Jan. 13
Regards K
APG Price at posting:
3.3¢ Sentiment: LT Buy Disclosure: Not Held