SOURCE: Industrial Info Resources

Industrial Info Resources

May 22, 2015 06:00 ET

Mining Industry Sees Bright Future for Direct Reduced Iron Technology, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - May 22, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Mining companies in the U.S and elsewhere have shown significant interest in direct-reduced iron (DRI) technology as an added-value product to ore or pellet production. In North America, affordable natural gas and low iron ore prices make DRI economically viable, not to mention the fact that steelmakers are looking for furnace feedstock alternatives to steel scrap and iron pellets.

Within this article: Update on use of direct reduced iron technology by mining companies.

Additional companies: Cliffs Natural Resources Incorporated (NYSE:CLF), Nucor Corporation (NYSE:NUE).

For details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "Contact Us" page.

Contact Information

  • Contact:
    William Ploch