Essar's steel arrives in Nashwauk
Tuesday, November 08, 2011 By Aaron Brown
The first steel beams for the Essar Steel Minnesota plant in Nashwauk arrived yesterday. The steel arrived on tractor-trailers from Baltimore, where the 120 metric tons arrived from its point of origin in India.
The decision to use Indian steel, part of a financing requirement for the India-based Essar, was controversial here on the Iron Range. Nevertheless, construction now begins on the equipment shed for what will at minimum be a new taconite plant on the Range, built over the bones of the old Butler Taconite site -- the first major casualty of the 1980s industry collapse.
Plans call for the eventual development of a steel plant on site, though Essar officials have suggested that can only happen if steel demand continues to rise from its current historic highs.
The decision to use Indian steel, part of a financing requirement for the India-based Essar, was controversial here on the Iron Range. Nevertheless, construction now begins on the equipment shed for what will at minimum be a new taconite plant on the Range, built over the bones of the old Butler Taconite site -- the first major casualty of the 1980s industry collapse.
Plans call for the eventual development of a steel plant on site, though Essar officials have suggested that can only happen if steel demand continues to rise from its current historic highs.





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