Released April 12, 2018 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--IronUnits LLC, a subsidiary of Cleveland-Cliffs Incorporated (Cleveland, Ohio), recently announced that it has broken ground on its $700 million hot briquetted iron (HBI) plant in Toledo, Ohio. The plant is expected to come online in 2020. The project will utilize Midrex Technologies Incorporated's (Charlotte, North Carolina) gas-based direct reduction process to produce 2.48 million tons per year of HBI/direct reduced iron (DRI) from taconite pellets (oxide). Industrial Info Resources is currently tracking more than $8 billion worth of HBI/DRI projects in the U.S. and Canada.
Click on the image at to see HBI/DRI spending by U.S. state and Canadian province.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.