Steel is entering a new era due to its great advantage in being recyclable. In fact, steel is not just recycled it is multi-cycled. Looking forward, end-users will increasingly use materials that are sustainable and have environmental benefits, such as steel. This will continue to define the market for steel for the rest of the century and beyond.
Industry Tips
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The Future of Steel: Sustainability and Multi-Cycling
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DRI Process: Superior Metal Production
Operating the DRI process is far superior to running scrap or Hot Briquetted Iron (HBI). During production processes based on scrap metals, the pre-processing costs, tramp elements, material handling costs and overall safety are serious concerns. By comparison, DRI leads to stable operations and consistently high-quality metal.
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Efficiency Gains in DRI Plants
In DRI plants higher gangue leads to lower gas consumption and higher yield allowing for significant costs savings.
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Balancing Costs in the Steel Melting Shop
In the steel Melting Shop, there may be some minor increase in losses compared to DRI grade pellets in terms of energy consumption, flux consumption and capacity utilisation. However, these cost increases are balanced by the lower price of these pellets compared to DRI grade pellets.
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Cost Efficiency in Steel Production
SULB’s cost of production at the iron-making and steel-making stages compares very favourably with relevant industry benchmarks.
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DRI vs. Blast Furnaces: A Comparative Analysis
In a comparison between DRI and blast furnaces the division becomes accentuated. Blast furnaces use the lowest grade of pellets and account for almost 60% of global steel-making at the lowest cost. As a result, it would be erroneous to only focus on the comparative losses in using intermediate grade pellets while ignoring the other benefits. We are in business to make money for our shareholders and that can be adequately done by using Bahrain Steel iron ore pellets.
Steel Versus Rebar & Concrete
The benefits of using structural steel over traditional concrete in construction include
For the Owner
- Design flexibility, ease of design and aesthetic appeal
- Suitable for complex structures, long span structures like airports
- Light weight and foundation saving
- High strength reliability and earthquake resistant
For the Designer
- Design flexibility, ease of design and aesthetic appeal
- Suitable for complex structures, long span structures like airports
- Light weight and foundation saving
- High strength reliability and earthquake resistant
For the Fabricator
- Offsite fabrication possible, reducing time
- Ease of transport
- Improved quality control
For the Contractor
- Reduced on-site labour costs
- Environmentally friendly
- Cleaner job site
- Less space consuming
