Sun sets on Nucor Iron Carbide Nucor shut down its iron-carbide plant in January. The troubled facility, the first of its kind in the world, started up in 1994. Low prices for scrap, direct-reduced iron, and other raw materials exacerbated the situation. Nucor made numerous changes that ranged from increasing gas flows to changing the fluidized bed. Correnti hasn't completely written off the iron-carbide process.
Fines cost less than lump or pelletized ore.
But every time you spend more money in capital, it increases your costs. Nucor Iron Carbide employed about 55 workers. Gus Hiller, the plant's general manager, now is the melting and casting manager at Nucor's minimill in Crawfordsville, Ind. John Scheel, the former production manager at Nucor Iron Carbide, became the hot-mill manager at Nucor Crawfordsville. N.C. Scheel replaced Ron Dickerson, who currently is Crawfordsville's cold-mill manager.