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Liquid Pig Iron Operation Restarted
Fort Wayne, IN— Steel Dynamics, Inc. is making plans to restart
its Iron Dynamics operation in Butler, Indiana, in the second half of
2003. After a thorough evaluation of the production trials that were
completed in November and December of 2002, the company has concluded
that improved production technology, coupled with the ability to recycle
waste materials, makes it feasible and desirable for the facility to
be restarted to produce liquid pig iron.
SDI expects the operation will be able to produce liquid pig iron in
sufficient quantities and at a cost to be competitive with purchased
pig iron. With the recent escalation of raw materials costs, particularly
pig iron, the Iron Dynamics operation is expected to provide a cost-effective
alternative to purchased pig iron. In addition, the use of liquid pig
iron provides cost and operational benefits to SDI's steel-making operations.
The company's Board of Directors approved a capital investment of approximately
$14 million to install three additional briquetting machines.
• Fax 419-535-3225 •
P.O. Box 351748, Toledo, OH 43537-1748
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