Last year POSCO (Pohang Iron & Steel Company) launched two large DRI plants producing between 1.5Mt and 2Mt.

The planned private sector steel projects will be in Iran’s southern ports of Chabahar, Bandar Abbas and Asalouyeh, according to Mehdi Krbasian, managing director of Iranian Mines and Mining Industries Development and Renovation Organisation (IMIDRO).

The Finex DRI process is claimed to make steelmaking less expensive than the traditional BOF plant as it reduces production costs by between 10% and 15% due to cheaper raw materials, reduced maintenance and production time.

热处理展-工业炉展-2015第十六届广州国际热处理、工业炉展览会-中国效果最好的热处理工业炉展--巨浪展览—The 16th China(Guangzhou)Int’l Heat Treatment, Industrial Furnace Exhibition