Tenova Flexible Modular Furnace The answer to flexible technologies demand (October 23, 2016) Copyright © Tenova 2016 CONFIDENTIAL Content Section 1: Steel Production routes Section 2: Flexible Modular Furnace Section 3: Results of the first installation 2 Tenova Metals Steel Production Routes Copyright © Tenova Core Inc. 2016 Steel production routes Production of steel in the world is carried on with different technologies, driven by the raw materials avalability: In China, steel is primarily produced via BFBOF route In North America steel is primarily produced by Electric Arc Furnaces Environmental concerns are driving Europe to the adoption of less polluting technologies, increasing EAF production Copyright © Tenova Core Inc. 2016 CONFIDENTIAL 4 Tenova Metals Flexible Modular Furnace Copyright © Tenova Core Inc. 2016 Flexible Modular Furnace Nowadays, countries like India, China, and others, need a technology ready to effectively use high percentage of hot metal in the steel production but with enough flexibility to adapt to the variabilities of the market: Leverage on the larger scrap availability Utilize the existing hot metal production equipment Adopt a more environmental sustainable technology + Copyright © Tenova Core Inc. 2016 CONFIDENTIAL 6 Flexible Modular Furnace KEY FACTORS: 1. Lower shell shape 2. Roof central ring 3. Consteel® as a temperature regulator 4. Hot metal tilting device – New launder design 5. Multipoint chemical package 6. Fume analyzer 7. Lifting and swinging system – Roof independent movement Copyright © Tenova Core Inc. 2016 CONFIDENTIAL 7 Flexible Modular Furnace LIFTING AND SWINGING SYSTEMS NEW DESIGN ROOF NEW DESIGN FUME ANALYZER CONSTEEL AS A TEMPERATURE REGULATOR HOT METAL TILTING DEVICE NO ELECTRICAL POWER NEEDED Copyright © Tenova Core Inc. 2016 LOWER SHELL NEW DESIGN CONFIDENTIAL 8 Flexible Modular Furnace Advantages: Maintain the same productivity of a BOF High dephosphoration rates Base Module with Specific add-ons Enables Investment-on-Demand approach Marginal Capex significantly enhancing operational efficiency High hot metal percentage (up to 80%-90%) in charge mix augments productivity levels Low conversion cost (USD 18 / ton achieved in the first installation) Robotics friendly, enhances efficiency and safety in furnace environment Copyright © Tenova Core Inc. 2016 CONFIDENTIAL 9 Tenova Metals Results in JSPL, India Copyright © Tenova Core Inc. 2016 Results of the first FMF installation Results JINDAL Steel and Power Limited (JSPL) Raigarh Steel Plant, India Tapping Temp. Tapping carbon Tapping P Heat size Hot Metal T/heat Cold DRI T/heat Power consumption Oxygen Consumption LPG Consumption Electrode Consumption Lime Dololime Injectable Coal TTT Tapping Turnaround Process ON Time Nr. Of Heats Production days Production per year HM Yearly Consumption CDRI yearly Consumption Scrap yearly Consumption OLD EAF NEW FMF Deg C % % T T T kwh/tls Nm3/tls Nm3/tls kg/tls kg/heat kg/heat kg/tls Minutes Minutes Minutes Minutes Heats Days MTPA 1610 0.07 0.015 100 50% 35% 350 40 0 1.30 6000 5000 8 50 3 7 40 28.80 330 0.95 1610 0.07 0.015 100 84% 16% 0 56 2 N/A 6000 2000 1 40 3 3 34 36.00 330 1.19 MT MT 4,752 3,326 9,979 1,901 MT 1,426 0 Copyright © Tenova Core Inc. 2016 CONFIDENTIAL 11
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