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Venezuela's role in
the merchant DRI market |
The use of scrap substitutes for EAF steelmaking
worldwide, is rapidly increasing. Although it is
generally conceded that there will not be a scrap
shortage due to the large amount of obsolete scrap
available, this type of scrap is of poorer quality
than is generally required for higher grades of
steels, and scrap substitutes will have to be used
to control residuals for these grades. |
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40Kb |
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Finmet® HBI the
feedstock for the 21ST. century steelmaking industry |
Venezuela presently produces around 3 million mt/y
of steel, all through EAF steelmaking processes. The
percentage of scrap used in the production of steel
is about 20% overall, with the rest being provided
by direct reduced iron either as DRI or HBI. The
steelmaking industry depends heavily upon direct
reduction as a source for metallics units, and over
the years the direct reduction industry in Venezuela
has also become export oriented, making the country
the leading exporter of HBI. |
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140Kb |
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Developments in the
Venezuelan DRI Industry |
In
the early 1990s FIOR de Venezuela, operators of the
existing FIOR (rDI) plant at Puerto Ordaz
(Venezuela) since 1976, and VAI entered into a joint
cooperation for the purpose of developing a new and
improved fine-ore reduction process. Following
initial engineering work and tests carried out on a
lab scale, pilot plant tests were then carried out
in VAI installations in Linz, Austria. Process and
equipment tests were simultaneously carried out at
the FIOR Plant in Venezuela to verify and optimize
operating conditions of the FINMET® Process. |
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333Kb |
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