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((a)-(b)-(c)/ The quantity of CO 2 reduced (d)) + Equipment cost + Other costs where (a) is (the quantity of HBI charged × HBI unit price), (b) is (the quantity of iron ore reduced × iron ore unit price), and (c) is (the quantity of reductant reduced × reductant unit price). Note: The value of (c) equals (the quantity of coke reduced × coke unit price) + (the quantity of pulverized coal reduced × pulverized coal unit price). The quantity of CO 2 reduced (d) equals (the quantity of reductan...

Share this article Share this article TOKYO, Feb. 22, 2021 /PRNewswire/ -- Kobe Steel, Ltd. announces that it has successfully demonstrated the technology that can reduce a significant amount of CO 2 emissions from blast furnace operations, combining the technologies of Midrex *1) in the engineering business and the blast furnace operation technology in the iron and steel business. This achievement is a result of the integrated efforts of the Kobe Steel Group (also known as the KOBELCO Group) l...

Rio Tinto, Paul Wurth S.A. and SHS-Stahl-Holding-Saar GmbH & Co. KGaA (SHS) have signed a Memorandum of Understanding to explore the viability of transforming iron ore pellets into low-carbon hot briquetted iron (HBI) (a form of Direct Reduced Iron, DRI), a steel feedstock (earlier post) using green hydrogen generated from...

By Reuters Staff 2 Min Read TOKYO (Reuters) - Japan’s Kobe Steel Ltd has successfully demonstrated a new technology to reduce CO2 emissions from blast furnace operations by a fifth, as compared to the conventional approach, a company official said on Tuesday. FILE PHOTO: Kobe Steels logo is seen through a fence at a facility of Kakogawa Works in Kakogawa, Hyogo Prefecture, Japan, November 13, 2017. REUTERS/Kim Kyung-Hoon Cutting carbon emissions from steelmaking is a key part of efforts to fi...