FINEX is the name for an

iron Iron () is a chemical element with symbol Fe (from la, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, right in ...

making technology developed by former Siemens VAI (now Primetals Technologies) and

POSCO POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel-making company headquartered in Pohang, South Korea. It had an output of of crude steel in 2015, making it the world's fourth-largest steelmaker by this measure. In 2010, ...

. Molten iron is produced directly using

iron ore Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the ...

fines and non-coking

coal Coal is a combustible black or brownish-black sedimentary rock, formed as stratum, rock strata called coal seams. Coal is mostly carbon with variable amounts of other Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen ...

rather than traditional

blast furnace A blast furnace is a type of metallurgical furnace used for smelting to produce industrial metals, generally pig iron, but also others such as lead or copper. ''Blast'' refers to the combustion air being "forced" or supplied above atmospheric p ...

methods through

sintering Clinker nodules produced by sintering Sintering or frittage is the process of compacting and forming a solid mass of material by pressure or heat without melting it to the point of liquefaction. Sintering happens as part of a manufacturing ...

and reduction with coke. Elimination of preliminary processing is claimed to make the plant for FINEX less expensive to build than a blast furnace facility of the same scale, additionally a 10-15% reduction in production costs is expected/claimed through cheaper raw materials, reduction of facility cost, pollutant exhaustion, maintenance staff and production time. The process is claimed to produce less pollutants such as SOx, NOx, and carbon dioxide than traditional methods. This process is essentially a combination of FINMET's Fluidized Bed and COREX's Melter Gasifier, hence its name "FINEX".

External links

Posco Commence Construction of New Steel Plant That Will Use FINEX Technology

POSCO To Scrap 100-Year-Old Furnace Technology

POSCO company website

Primetals Technologies description
{{DEFAULTSORT:Finex Steelmaking Siemens

See also

External links