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Texas HBI Plant to Ramp Up to Full Production By Year's End, voestalpine Says

voestalpine formally opened the hot briquetted iron plant in October. It is capable of producing 2 million tons annually. About 40 percent of its output is destined for voestalpine's overseas mill. The remainder is under contract to other steel producers. 

voestalpine said the first Europe-bound shipment will leave the plant's deep-sea port by the end of 2016.