One year after the start-up of the second Corex module at the Chinese steelmaker Baosteel in Shanghai, a successful performance test has proven the economy efficiency of this alternative technology for the production of hot metal.

After the successful performance test, on June 5, 2012, the Final Acceptance Certificate was signed by Baosteel.

Compared to the conventional blast-furnace route, the Corex operating costs are substantially lower as less expensive and locally available raw materials yield the same quality of hot metal as higher-quality imports.

The Corex process offers a viable alternative to conventional blast furnace production, especially in markets with increasing hot-metal production such as China.