First, amine-based post-combustion capture with a 95% capture rate was considered as the benchmark, as it is currently commercially available. A second, novel configuration integrated the Midrex process with pressurized chemical looping—direct reduced iron (PCL-DRI) production. The amine capture configuration is most sensitive to the cost of steam generation, while PCL-DRI is more sensitive to the cost of electricity and the makeup oxygen carrier. An iron-based natural ore is recommended for PCL-DRI due to the low cost and availability. Based on the lower costs compared to amine-based post-combustion capture, PCL-DRI is an attractive means of eliminating CO2 emissions from DRI production.

The replacement of the blast furnace—basic oxygen furnace (BF-BOF) steelmaking route with the direct reduced iron—electric arc furnace (DRI-EAF) route reduces the direct CO2 emissions from steelmaking by up to 68%; however, the DRI shaft furnace is one of the largest remaining point source emitters in steelmaking. The capital and operating expenses of two potential nearly carbon-neutral DRI process configurations were investigated as a modification to a standard Midrex DRI facility.