The document discusses the ferrous scrap market. It defines ferrous scrap as steel that can be recycled, and describes its sources such as construction demolition and ship breaking. Scrap affects the costs of steel mills, especially electric arc furnaces that can use 80-100% scrap. It also impacts finished steel product prices like rebar and merchant bars. The price of imported Turkish scrap specifically influences markets in Europe.
Comprehensive and up to date presentation on the importance of ferrous scrap in the world steel market. Includes the role that Turkey plays in this market and the future of scrap in derivatives.
Iron and steel constitute over 90% of all metal production and a similar fraction of the scrap metals market. Steel mills consume about three quarters of the scrap, and iron and steel foundries consume the remainder to produce ferrous castings.
Economic Facts of Iron & Steel Recycling
•Almost 40% of the world’s steel production is made from scrap.
•Every ton of recycled steel can help saving 1.4 ton of iron ore.
•Conversely, a steel can land-filled will take 100 years to vanish.
•Steel is the most recycled material on earth! In Luxembourg, 2,292 tons of steel packaging have been collected in 2013.
•Recycling one tonne of steel saves 1,100 kg of iron ore, 630 kg of coal, and 55 kg of limestone.
•CO2 emissions are reduced by 58% through the use of ferrous scrap.
•Recycling one tonne of steel saves 642 kWh of energy, 1.8 barrels (287 litres) of oil, 10.9 million Btu's of energy and 2.3 cubic metres of landfill space.
•Recycling steel uses 75% less energy compared to creating steel from raw materials - enough to power 18 million homes.
•Steel recycling uses 74% less energy, 90% less virgin materials and 40% less water; it also produces 76% fewer water pollutants, 86% fewer air pollutants and 97% less mining waste.
•Steel automobile frames contain at least 25% recycled steel and a typical electrical appliance will usually be made of 75% recycled steel. Steel cans consist of at least 25% recycled steel.
Comprehensive and up to date presentation on the importance of ferrous scrap in the world steel market. Includes the role that Turkey plays in this market and the future of scrap in derivatives.
Iron and steel constitute over 90% of all metal production and a similar fraction of the scrap metals market. Steel mills consume about three quarters of the scrap, and iron and steel foundries consume the remainder to produce ferrous castings.
Economic Facts of Iron & Steel Recycling
•Almost 40% of the world’s steel production is made from scrap.
•Every ton of recycled steel can help saving 1.4 ton of iron ore.
•Conversely, a steel can land-filled will take 100 years to vanish.
•Steel is the most recycled material on earth! In Luxembourg, 2,292 tons of steel packaging have been collected in 2013.
•Recycling one tonne of steel saves 1,100 kg of iron ore, 630 kg of coal, and 55 kg of limestone.
•CO2 emissions are reduced by 58% through the use of ferrous scrap.
•Recycling one tonne of steel saves 642 kWh of energy, 1.8 barrels (287 litres) of oil, 10.9 million Btu's of energy and 2.3 cubic metres of landfill space.
•Recycling steel uses 75% less energy compared to creating steel from raw materials - enough to power 18 million homes.
•Steel recycling uses 74% less energy, 90% less virgin materials and 40% less water; it also produces 76% fewer water pollutants, 86% fewer air pollutants and 97% less mining waste.
•Steel automobile frames contain at least 25% recycled steel and a typical electrical appliance will usually be made of 75% recycled steel. Steel cans consist of at least 25% recycled steel.
Steel Mint is a Steel Research Company.The organization’s motive is to provide current prices, archived information, steel news and demand - supply situations at various locations across country; of minerals, semi-finished and finished Steel products.
TALAT Lecture 4601: Introduction to Brazing of Aluminium AlloysCORE-Materials
This lecture describes the characteristics of brazing aluminium and the process involved; it helps to understand the use potential and the limitations of brazing aluminium. Basic knowledge of aluminium alloys designation system, surface treatment and corrosion behaviour is assumed.
General introduction to manufacturing processesDr. L K Bhagi
Manufacturing processes definition, Classification of manufacturing processes, Typical examples of applications, Manufacturing capability, Selection of materials, Selection of manufacturing process
Introduction to Mechanical Engineering Sciences --- KTUDr. Rejeesh C R
BE 101-2 -- Introduction to Mechanical Engineering Sciences
Module VI -- Manufacturing Engineering & Materials -- APJ Abdul kalam Technological University --- KTU
Steel Mint is a Steel Research Company.The organization’s motive is to provide current prices, archived information, steel news and demand - supply situations at various locations across country; of minerals, semi-finished and finished Steel products.
TALAT Lecture 4601: Introduction to Brazing of Aluminium AlloysCORE-Materials
This lecture describes the characteristics of brazing aluminium and the process involved; it helps to understand the use potential and the limitations of brazing aluminium. Basic knowledge of aluminium alloys designation system, surface treatment and corrosion behaviour is assumed.
General introduction to manufacturing processesDr. L K Bhagi
Manufacturing processes definition, Classification of manufacturing processes, Typical examples of applications, Manufacturing capability, Selection of materials, Selection of manufacturing process
Introduction to Mechanical Engineering Sciences --- KTUDr. Rejeesh C R
BE 101-2 -- Introduction to Mechanical Engineering Sciences
Module VI -- Manufacturing Engineering & Materials -- APJ Abdul kalam Technological University --- KTU
Dear Readers,
In this presentation, I have tried to explain main raw material sources of iron making process. Also, with my experience, I have tried to give a concept about the plant engineering related to raw material. I hope that, this presentation will be helpful for young engineers. With this presentation they will get a broad idea about the raw material, based on which they can study more on the subject.
Regards,
Nirjhar.
The Step by Step Process of Extracting Iron from its Ore using the Blast Furnace with details of Chemical Reactions. Question Answers based on the process of extraction of metals.
Steelmaking and Iron Products (Cast Iron, Compacted Graphite Irons, Ductile I...Ajjay Kumar Gupta
The iron and steel industry is one of the most important industries in India. Most iron and steel in India is produced from iron ore. The Indian Ministry of Steel is concerned with: the coordination and planning of the growth and development of the iron and steel industry in the country, both in the public and private sectors; formulation of policies with respect to production, pricing, distribution, import and export of iron and steel, Ferro alloys and refractories; and the development of input industries relating to iron ore, manganese ore, chrome ore and refractories etc., required mainly by the steel industry.
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Difference of gray cast iron and ductile cast ironSearchnscore
Gray cast iron and ductile cast iron basically differ in the type or structure of the carbon contained in them. The making of cast iron is principally, liquefaction of iron by heating, followed by cooling and hence solidification. In case of gray cast iron, the making involves the addition of carbon in the heated beds where the liquefaction of base iron takes place. Whereas, for ductile cast iron, carbon as well as magnesium are added in the hot beds. These added components bind with the solid (cast iron) which is formed thereafter.
These bigger, agglomerated iron ore particles are collected more effectively during the cleansing and dehydration processes, which results in a reduction in both the area and amount of impoundments.