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The COREX® process is beside the FINEX® technology the only industrially realized alternative to the blast furnace route for the production of hot metal. Changes in the raw material sector in respect of decrease in quality, strictly enforced environmental laws and positive operation results of COREX® reference plants make it worth to carefully re-evaluate the COREX® technology in comparison with the traditional blast furnace technology. Integrated Plant concepts based on COREX® offer solutions for future challenges of the ironand steelmaking industry, which include: economical hot metal production; efficient and highly economic export gas utilization (power generation, DRI production, syngas production for chemical products); lower raw material cost, higher raw material availability; environmental friendly high grade steel production. The economic evaluation of different COREX® gas based plant concepts in comparison with the traditional blast furnace route shows that the COREX® technology is highly competitive in the challenging iron and steel producing environment.

COREX® - AN ANSWER FOR HOT METAL PRODUCTION IN A CHANGING ENVIRONMENT