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13 Jun
15:36

Voestalpine to sell HBI to Big River Steel

Voestalpine reports that it has won another major customer for hot-briquetted iron (HBI) from its direct reduction plant in Corpus Christi, Texas. Just a few months prior to the completion of the plant, an offtake agreement has been signed with prospective American steelmaker Big River Steel to run for the next four years. Big River Steel is currently building a modern strip mill in the state of Arkansas which from 2017 onwards will take annual delivery of up to…
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