Article | REF: M7556 V1

The Finex process

Author: Jacques ASTIER

Publication date: March 10, 2009

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3. Conclusions and future prospects

Based on these remarkable results, POSCO and Siemens VAI are obviously planning to further develop this process and, in particular :

  • to use it in its project for a plant with an initial capacity of 4 Mt/year (final capacity of 12 Mt/year) in the state of Orissa, near Paradip in India;

  • to gradually replace its blast furnaces at its Pohang plant in Korea;

  • consider it for various projects, notably in China.

In this context, the "vision of the future" shown in figure 6 seems likely.

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