News Releases

The following is a continuously growing list of news articles about Midrex and press releases from Midrex, searchable by year and category.

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06.30.2016
Worldwide, direct reduction plants produced 72.57 million tons in 2015, based upon data collected by Midrex Technologies, Inc. and audited by World Steel Dynamics. This was nearly two million tons lower than 2014, a decline of 2.7%. The slowdown was commensurate with the rest of the steel industry, which fell by 2.5% worldwide and by 2.9% if China is excluded from the data. The primary cause of the lower production of DRI was dropping prices for steel and resultant fall in steel production that arose from a slowdown in Chinese demand combined with extreme steelmaking overcapacity within China.
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06.14.2016
Algerian Qatari Steel (AQS) has awarded Midrex Technologies, Inc., and its consortium partner Paul Wurth, a contract to supply Equipment, Engineering and Technical Services for one of the world’s largest direct reduced ironmaking (DRI) plants. The new natural gas-based MIDREX NG™ DRI plant will be located in Bellara Algeria, 375 km east of Algiers. AQS is a joint venture between Sider Co. and National Investment Fund (51%) and Qatar Steel International (49%) The MIDREX® Plant will be part of the overall steel complex that will produce 2.0 million tons of re-bar and wire rod finished products.
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04.07.2016
Midrex Technologies, Inc., the leading industry innovator and technology supplier for the direct reduction of iron, has announced that Stephen Montague has been appointed as the company’s President and Chief Operating Officer. He replaces Jim McClaskey, who served as President and Chief Executive Officer for about 12 years and retains the role of CEO.
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01.28.2016
January 28, 2016 – (Bécancour, QC – Canada) Société Internationale Métallique (SIM) has chosen Midrex Technologies, Inc. and its construction licensee Primetals Technologies to furnish the equipment and oversee the technological aspect of its project to build a 2.0 million ton-per-year (MTPY) hot briquetted iron (HBI) plant in the Bécancour Waterfront Industrial Park, a public-owned industrial park on the shores of the Saint-Lawrence River (Quebec, Canada); the site is a year-round deep water port and connected to major North American rail and road infrastructure.
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07.21.2015
Midrex Technologies, Inc. (Midrex), a subsidiary of Kobe Steel, Ltd. (ADR-OTC:KBSTY), and Synthesis Energy Systems, Inc. (SES) (NASDAQ: SYMX) announced the signing of a Project Alliance Agreement that expands their exclusive relationship for integration and optimization of direct reduction ironmaking (DRI) technology using coal gasification. Midrex will take the lead in marketing, sales, proposal development, and project execution for coal gasification DRI projects as part of the new project alliance. Midrex may also lead the construction of the fully integrated solution for customers who desire such an execution strategy. SES will provide the SES Gasification Technology for each project including engineering, key equipment, and technical services. The fully integrated state-of-the-art gasification-based DRI facility will have total plant guarantees. The agreement includes finalization of an engineering package for the optimized coal gasification DRI solution.
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06.30.2015
2014 World DRI Production Tops 74.5 Million Tons:
New technology and expansion continues despite difficult conditions
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06.24.2015
The world’s direct reduction industry produced 74.55 million tons of DRI Products in 2014 according to data compiled by Midrex and audited by World Steel Dynamics. Production fell slightly from 2013 due to natural gas shortages and curtailments in India, and operational disruptions in other DRI producing regions as well general downturns in steel market conditions. DRI growth was evident in a number of nations including the USA and Bahrain. Plants based on MIDREX® Direct Reduction Technology accounted for 47.12 million tons, which once again led all technologies with 63.2 percent of the market total.
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06.22.2015
Tosyali Holding has awarded Midrex and its partner Paul Wurth S.A., the project to build the world’s largest multiple product direct reduced iron plant for Tosyali Algeria located in Bethioua (Oran), Algeria. The new MIDREX NG™ Direct Reduction Plant Combo will be designed to produce 2.5 million tons of DRI and have the capability to vary its production to produce hot direct reduced iron (HDRI) and/or cold direct reduced iron (CDRI) simultaneously without stoppage of production. This new DRI plant will be the largest single DRI plant to produce multiple DRI products in combination. HDRI will be fed via an Aumund hot transport conveyor to a new EAF meltshop located adjacent to the MIDREX® DRI Plant allowing for greater EAF productivity and energy savings; CDRI can also be produced for additional onsite use. The new Tosyali Algeria MIDREX® DRI Combo Plant will provide the Tosyali Algeria steelmaking facility with greater production flexibility to produce high quality, low impurity steels as well as decrease their demand for imported scrap.
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04.13.2015
Midrex Technologies, Inc. and JSW Steel Ltd. have announced successful completion and modification of the existing MIDREX® Direct Reduction Plant located at JSW Steel Dolvi Works (formerly JSW Ispat, Ltd.) to utilize coke oven gas (COG) to partially replace its natural gas supply for production of direct reduced iron. This is the first time that COG has been used commercially in a MIDREX® Shaft Furnace to replace natural gas consumption. India has been the largest producer of DRI since 2003; however, Indian gas prices have risen dramatically over the past few years idling several DRI facilities.
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06.11.2014
The world’s direct reduction industry grew again in 2013 setting yet another new record for the industry with 75.2 million tons...
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06.04.2014
World DRI Output Exceeds 75 Million Tons:
Growth continues as another record is set in 2013
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05.28.2014
Synthesis Energy Systems, Inc. announced that SES Technologies, LLC, Jiangsu Tianwo-SES Clean Energy Technologies Ltd. and Midrex Technologies, Inc have entered an agreement for the joint marketing of coal gasification based DRI facilities in China...
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03.10.2014
Kobe Steel, Ltd. of Japan and Paul Wurth S.A., of Luxembourg, a member of the SMS Group, have signed a construction license agreement that enables the SMS Group to market, design and erect MIDREX® Direct Reduction Plants around the world...
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07.29.2013
Midrex Technologies, Inc. and JSW Steel Ltd. have announced the signing of a contract to modify the existing MIDREX® Direct Reduction Plant located at JSW-Dolvi Works to utilize coke oven gas (COG) to supplement its natural gas supply for production of direct reduced iron.
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07.04.2013
The voestalpine Group has announced the signing of a contract with Siemens Industry Inc. and consortium partner Midrex Technologies, Inc. to build a new MIDREX® Direct Reduction Plant for its previously announced DR project in North America.
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07.03.2013
The world’s total DRI production in 2012 topped 74 million tons, setting yet another new record for the industry according to data compiled by Midrex Technologies, Inc. and audited by World Steel Dynamics.
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08.31.2012
Siemens Metals Technologies and Midrex signed a contract with the Russian Metalloinvest Company to expand the HBI production at Lebedinsky GOK in Gubkin, Russia. The new plant with a rated capacity of 1.8 million tons/year of hot briquetted iron will be the largest single HBI module in the world.
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08.09.2012
Midrex Technologies, Inc., Midrex Metallurgical Services (Shanghai) Limited and Capital Engineering and Research Incorporation Limited have announced their Cooperation Agreement to market, develop, design, erect and commission MIDREX® DRI Plants in China.
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06.18.2012
Midrex Technologies, Inc. and Praxair, Inc. have signed a strategic alliance agreement to develop and market a new Thermal Reactor System™ that will allow the production of DRI with a variety of fuels such as coke oven gas.
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05.22.2012
The world’s total DRI production in 2011 reached 73.3 million tons, setting yet another new record for the industry according to data compiled by Midrex Technologies, Inc.
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05.18.2012
Midrex has announced the opening of a new office, Midrex Technologies India Private Limited, located outside of Dehli in Gurgaon, Haryana, India. The new office will be Midrex’s Indian Sales Headquarters to promote MXCOL®, MIDREX®, and COREX®/MIDREX® Plant sales and development.
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04.21.2005
Charlotte, NC – Midrex Technologies, Inc. has announced that it recently signed a licensing agreement with Saudi Arabia's Al-Tuwairqi Group, to enable Al-Tuwairqi to operate a recently purchased MIDREX® DR Plant from Mobile, Alabama (USA).
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03.01.2005
Midrex Technologies, Inc. announced the signing of a contract for the world's first hot discharge direct reduction plant to deliver Hot DRI to an adjacent melt shop using Midrex’s proprietary HOTLINK® system. This is also Midrex's first DR Plant to be sited in Oman. The plant will be constructed for SHADEED Iron & Steel LLC (also referred to as Hamil Steel), a new Omani company and 100% subsidiary of Al-Ghaith Holdings UAE. The plant will feed Hot DRI directly into a new melt shop being designed and supplied by VAI/Fuchs of Germany. Construction of the plant will be carried out by various subcontractors under the control of Al-Ghaith’s Abu Dhabi subsidiary Advance Project Development (APD). The new MIDREX HOTLINK module will use a 5.5 meter diameter shaft furnace to produce 720,000 tonnes/year of Hot DRI at 700 Celsius. The VAI/ Fuchs melt shop is expected to consume approximately 500,000 tonnes of Hot DRI with some scrap to produce approximately 500,000 tonnes of steel billets, while the balance of Hot DRI will be hot briquetted for sale.
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02.28.2005
Midrex Technologies, Inc., USA and its parent company Kobe Steel Limited, Japan announced today the contract signing with Qatar Steel Co. (QASCO) for a 1.5 million metric ton MIDREX® Direct Reduction Plant to be located in Mesaieed, Qatar. The signing ceremony was held February 28th in Doha, Qatar.
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02.21.2005
Midrex Technologies, Inc. has announced that Lebedinsky GOK (LGOK), Gubkin, Russia signed a contract with Midrex Technologies Inc. and Voest Alpine Industrienlagenbau, GmbH (Austria) for the engineering and supply of a 1.4 million ton/year MIDREX® Direct Reduction HBI Plant. The signing ceremony was held February 18th in Moscow. This is the fifth multimillion dollar project that the Charlotte company has contracted since November and also marks 100% market share for its technology for new direct reduction projects.
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01.17.2005
Hadeed and Midrex have contracted with VAI of Austria for a 1.76 million ton/year hot DRI plant.
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01.13.2005
Lion Diversified Holdings, Malaysia and Midrex have contracted for a 1.54 million ton/year MIDREX® HDRIron Plant in Malaysia.
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07.28.2004
James D. McClaskey has been appointed as the company’s new Chief Executive Officer.
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03.31.2004
Midrex Technologies, Inc. has announced a new contract with OEMK for engineering and equipment supply that will increase capacity nearly 30%.
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