Jamshedpur The HIsarna iron making technology being developed jointly by a consortium of steelmakers in Europe led by Tata Steel, holds prospects of not only being a major green technology but also promises 25% savings in terms of capital expenditure (capex) and operational expenditure (opex).
The technology, which has steel makers ThyssenKrupp Steel Europe, ArcelorMittal and Salzgitter on board, is based on a cyclone reactor, patented by Tata Steel Europe, for melting iron ore, which combines beneath to a HI-smelt (bath smelter) developed by Rio Tinto in Australia.
