Thomas Scarmati, sales and marketing manager at the Italy-based technology supplier, argued that the availability and use of shale gas and man-made syngas
are allowing steel plants to adopt the DRI process, even if initial plans were to use older, integrated production models.
“DRI production depends on iron ore and, traditionally, natural gas, whose prices both tend to decrease,” he told delegates.
“But natural gas prices are no longer in line with petroleum prices. Further, we have seen the availability of shale gas at competitive prices, and the syngas option is allowing lower...