While moving towards the steel power, it is the only road to develop direct reduced iron (sponge iron) industry. In our country, the first process of direct reduced iron (sponge iron) is coal based method, among this, Coal based AMR-CBI Process and Tunnel Oven Process are the advanced, reliable, and economic process.
Manufacturing of direct reduced iron (sponge iron) develops rapidly, its prospect is optimistic. In 1980, the output of direct reduced iron (sponge iron) is only 7.28million tons in the world, it rose to 37.09 million tons in 1998. Around the globe, the output of direct reduced iron (sponge iron) increases by 10.42% each year, it was 40.51 million tons in 2001, 43 million tons in 2002, 49.5 million tons in 2003, 54.6 million tons in 2004, 60 million tons in 2005, 65 million tons in 2006, and 70 million tons in 2007. India accounted for 15 million tons, increasing 16.6%, Venezuela for 8.69 million, increasing 11%, Iran for 6.87 million, increasing 6.8%, Mexico for 5.85 million, decreasing 7.9%. Comparing them, China has low capacity, 800,000 tons per year in 2007, 300,000 tons in 2002, 350,000 tons in 2003, 400,000 tons in 2004, 430,000 tons in 2005 , 500,000 tons in 2006, and 600,000 tons in 2007. On the report of World Metallurgy Industry, China DRI output is zero. In September, 2007, Mr. Jiang Zemin, General Secretary of China, visited DRI plant in Australia, which had shown how important China takes it. In 1995, DRI project was listed as encouraged foreign investment. In 2004 and 2005, DRI was listed as the encouraged project by National Development and Reform Ministry and Commerce Ministry.Previous [1] [2]
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