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Comment Business & Economics

Siemens and Midrex to build direct-reduction plant for voestalpine in Texas  

By Gerald Ondrey |

Siemens Industry Inc., USA (www.siemens.com/metals), and consortium partner Midrex Technologies, Inc. (Charlotte, N.C.; www.midrex.com) received an order from the Austrian voestalpine group (www.voestalpine.com) to build a direct reduction plant in the U.S. The Midrex plant will be constructed near the city of Corpus Christi, Texas. It is designed to produce 2 million metric tons of hot briquetted iron (HBI) per year, making it the largest single module of this type world-wide. The order value for the consortium is in the three-digit million euro range. The plant is due to begin operations in late 2015. The consortium of Siemens and Midrex will provide engineering, supply of mechanical and electrical equipment and advisory services for the direct reduction plant. "With Siemens and Midrex, we will have highly competent partners with a proven technology at our side." stated Wolfgang Eder, CEO and Chairman of the Management Board of voestalpine AG. At the Quinta Trade Gateway site near Corpus Christi in San Patricio County, voestalpine will invest around Euro 550 million. This also includes comprehensive infrastructure improvements for the project location, particularly the necessary port facilities. The direct reduction plant…
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