In this paper, two types of Ni-Cr bearing composite burdens including SP1 (79% Ni-bearing sinter and 21% Cr-bearing oxide pellets) and SP2 (84% Ni-bearing sinter and 16% Cr-bearing pre-reduced pellets) were used for the more efficient preparation of high-Cr ferronickel. Based on the metallurgical performance characterization, thermodynamic analysis and smelting parameters optimization, the qualified high-Cr ferronickel were prepared by the utilization of the Ni-Cr bearing composite burdens. The recovery rates of iron, chromium and nickel exceed 95%, 90% and 98% whereas their grades are 85.56–85.88%, 7.82–8.02% and 1.59–1.62%, respectively. Compared with SP1, SP2 possesses lower smelting duration, which indicates the appropriate proportioning of Cr-bearing pre-reduced pellets is beneficial for the smelting process. The obtained high-Cr ferronickel consisting of (Fe, Cr)3C and (Fe, Cr)7C3 can be used as a low-cost substitute for the conventional raw materials of 200 or 300 series of stainless steel.
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