Kobe Steel Ltd. of Japan, the parent company of Charlotte, North Carolina-based direct-reduced iron (DRI) producer Midrex Technologies Inc., says it has reached a nonbinding agreement with Vale S.A., ...
The North Carolina firm will supply a 2.5 million-metric-ton-per-year direct-reduced iron system to the Nippon Steel and U.S. Steel business unit. Midrex says the project will strengthen the ...