Waste gas to save steel firm $160,000/mo
Journal Article
·
· Energy User News; (United States)
OSTI ID:5081690
An Armco Inc. plant at Houston will save $160,000 a month in avoided fuel costs by burning waste gas produced in its blast furnace. The $5.3 million Schack boiler system will have a three-year payback and a 25% return on investment. Armco will apply both the 10% business investment and the 10% energy-conservation tax credits. Armco decided not to renew a natural gas contract after prices rose to over $4 per thousand cubic feet. There will be no economic benefits, however, until improvements in the economy warrant restarting the blast furnace, which has been idle since mid-June. (DCK)
- OSTI ID:
- 5081690
- Journal Information:
- Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 7:29; ISSN EUSND
- Country of Publication:
- United States
- Language:
- English
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