DRI pellets for Nucor from Brazil’s Samarco production

The deal between the two companies will start when Samarco’s third pelletizing plant resumes production in January 2025.

With the help of the new plant, the Brazilian producer will be able to ramp up its pellet production to 16.5 million per year from 9 million mt per year.

According to Samarco president Rodrigo Vilela, the demand for directreduced pellet is on  the rise since global decarbonization efforts have been accelerated and several industries are looking for cleaner inputs for their production.