CircoredCosts & Benefits
|Parent Process: Direct Reduced Iron|
|Energy Savings Potential||
Gas usage of the process is reported to be 11.5 GJ/t which is lower than Blast Furnace (IEA, 2007. p. 133).
Electricity consumption per ton of liquid steel produced through Circored-HBI-EAF route is reported to be 901 kWh/t-steel (US DOE, 2003. p.4/24).
|CO2 Emission Reduction Potential||
Process related and total (including electricity) CO2 emissions of the process are reported to be 1.2 and 2.02 t/t-steel (US DOE, .
Capital and operational costs for the process is reported to be $232.4/t-steel and $185.3/t-steel (based on scrap cost of $120/t-scrap) (US DOE, 2003. p.4/4)