Glossary
Corex
Steel
Corex is the reduction process for production of hot metal from iron ore using coal. It is a coal-based smelting process that yields hot metal or pig iron. The process gasifies non-coking coal in a smelting reactor, which also produces liquid iron. The gasified coal is fed into a shaft furnace, where it removes oxygen from iron ore lumps, pellets, or sinter; the reduced iron is then fed to the smelting reactor.
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Anonymous
Very good overview of the weekly steel market.
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