Indian Mill Books Two Bulk Vessels of Granulated Pig Iron - Sources

An Indian private mill reported to have booked two bulk vessels of Granulated Pig Iron (GPI) for 30,000 MT each. SteelMint learned from market sources that one vessel has been booked for Bangladesh and another for China. Although price level was not confirmed at the time of reporting but market expects it to be in the range of USD 320-325/MT CFR.

Where exactly is GPI finding applications in the large BF mills?

GPI is finding application in both EAFs and basic oxygen furnace (BOF) converter shops, which are part of the steel melt shops, as well as in induction furnaces (IFs).

In EAFs, GPI can be charged through conveyors/hoopers and the fourth hole. Since the specific gravity is almost near to steel, the small particles are not sucked out by fumes extraction system.

In China, GPI is being used across BOF convertor shops, EAFs as well as induction furnaces. It is a good feed for BOF shops as a chilling agent.

GPI chemistry

Carbon: 3.5% to 4.5%.
Silicon: Max 1.00%
Sulphur: max 0.06%
Phos max: 0.12%
Mn: Max 0.50%

. Used in EAFs, IFs, BOFs
. Power saving: 30 kWh to 50 kWh per tonne
. Yield is 96%
. Helps in reducing tap to tap time.