Economic analysis of transportation directly reduced iron (DRI) through ship
by Manikant K. Paswan; Chinmoy Mukherjee
International Journal of Services Technology and Management (IJSTM), Vol. 17, No. 2/3/4, 2012

Abstract: Directly reduced iron (DRI) is a major source of iron units in cases of low scrap availability and/or hot metal. Its main advantage is it is low content of phosphorus and sulphur. Removal of phosphorus and sulphur demands high energy consumption in steel making process. With fast depleting sources of cooking coal, the availability of hot metal will decrease in the coming years. Also, scrap availability is already on the declining trend. Hence, DRI is going to be the main source of iron units in the future, especially in electric arc furnace (EAF steel making). The disadvantage of DRI usages lies in it is high reactivity. Freshly produced DRI possesses high susceptibility to oxidation whenever it comes in contact with air. The generated heat in the oxidation reaction increases the tendency to oxidation, thereby, starting a short of chain reaction and ultimately leading to the burning of DRI. This phenomenon makes storage and handling of DRI a concern. The problem caused loss of one cargo in Delta steel company, Nigeria. The authors of this dissertation were given the responsibility to work out the solution in the minimum possible time for implementing it to the next shipments. It is heartening that the problem could be successfully solved and implemented in the next shipments in November '06. Hence, after above work implementation of the recommendations for a $45 risk/ton of DRI, only $1 is to be spent for protection against the risk.

Online publication date: Thu, 31-Jul-2014

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Services Technology and Management (IJSTM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com