JFE Material opened the new recycling plant in Toyama on Monday to collect valuable metals recycling from industrial waste including desulfurization catalyst from oil refinery in order to make ferroalloy. The plant with 4,000 tonnes of annual output capacity is world first electric furnace using dry process. The firm expends 2.4 billion yen including a ladle furnace, which the firm builds in the fiscal year. The waste including desulfurization catalyst from oil refinery and boiler ash from thermal power plant is burned and reclaimed as industrial waste though the waste contains nickel, molybdenum, vanadium and other metals. The new plant treats the waste to recover metals for the ferroalloy making operation. The plant has new rotary kiln, which roasts waste to remove sulfur and oil, converted electric furnace and ladle furnace, which melts and smelts materials to make ferroalloy. The firm plans to treat annual 6,000 tonnes of desulfurization catalyst and 18,000 tonnes of boiler ash to make 4,000 tonnes of ferromolybdenum and ferrovanadium. The firm sells the ferroalloy for domestic steel makers while the firm tries to market the slug as desulfuring agent.
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Japan Steel Scrap Composite Prices (Sangyo Press)
2024/11/21H2 | NewCutting (PRESS) |
41300YEN (-) | 43200YEN (-) |
264.52US$ (-0.38) | 276.69US$ (-0.39) |
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- ferro-alloys.com
- Steel on the net
- AMM
- MEPS