INSUBCONTINENT EXCLUSIVE:
TEHRAN- As announced by Iranian Steel Producers Association (ISPA), 744,000 lots of sponge iron were exported in the first 10 months of the
current Iranian fiscal year (March 21, 2022-January 20, 2023)
Based upon the ISPA information, the 10-month sponge iron export suggests 24 percent fall from the figure for the very same period of time
in the past year, which was 985,000 tons.Direct minimized iron (DRI), also called sponge iron, is produced from the direct decrease of iron
ore (in the type of swellings, pellets, or fines) into iron by a lowering gas or essential carbon produced from gas or coal
Lots of ores are suitable for direct reduction.While Iran is combating the United States severe sanctions on its economy, and the countrys
different industrial and economic sectors have actually been affected by the limitations and problems caused by the sanctions condition, the
countrys mining sector is moving on visibly, conquering such barriers.Among the mining sectors various items, sponge iron is an outstanding
example, as the production of this product is rising more and more in the country.Iranian Mines and Mining Industries Development and
Renovation Organization (IMIDRO), Iran's biggest metals and mining holding, has specified that a person of the most essential factors for
the increase in sponge iron production in Iran is the establishment of brand-new sponge iron plants, including that in the last few years,
with its brand-new strategy and with the participation of the private sector, the organization has actually had the ability to introduce
several projects to produce sponge iron.Meanwhile, in last July, IMIDRO reported that Iran's Mines and Metals Company (MME) has actually
developed Chinas very first gas-based sponge iron production system utilizing the Persian Direct Reduction (PERED) technology
As the worlds very first maker of gas-based sponge iron, Iran is now transferring the innovation to the worlds most significant steel
manufacturer , IMIDRO revealed at the time.The deal for the construction of the first gas-based sponge iron plant was concluded between
Chinas CSTM Company and MME Company from Iran as the license owner of PERED technology.With a capacity of 300,000 lots, the plant has
actually been launched in Chinas Taiyuan city.PERED is a new technology for producing sponge iron using natural gas as fuel, which according
to MME is a masterwork of the Iranian steel industry and is more efficient and reliable in all respects such as the degree of metallization
of the item, fuel intake, running expenses and ease of operation compared to similar technologies.This innovation is already being used in a
number of production systems across Iran including Shadegan Steel, Miyaneh Steel, Neyriz Steel, and Baft Steel companies.The primary
distinction of the PERED technology with other innovations is the high and tangible quality of the sponge iron metallization, which has been
reached above 95 percent on the initial day
In other technologies, nevertheless, it is extremely hard to achieve a degree of metallization above 95 percent throughout the first months
of an units operation.MA/ MA
