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07 Feb
19:00

Electric smelting could reach DRI-EAF cost parity: WoodMac

The direct reduced iron-electric smelting furnace-basic oxygen furnace (DRI-ESF-BOF) route could reach near cost parity with traditional DRI-EAF over the long term. In some cases, it could even be cheaper, depending on regional dynamics and whether the fuel feedstock used is natural gas or hydrogen, says Wood Mackenzie. The ESF-BOF process could bridge the gap between existing EAF and BF-BOF technologies. The initial ESF process utilises electricity, instead of co…
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