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To investigate the interaction mechanism between 95Cr saw-wire steel and different refractories, we conducted laboratory experi-ments at 1873 K. Five crucible materials (SiO2, Al2O3, MgO·Al2O3, MgO, and MgO–CaO) were used. The results indicate that SiO2, Al2O3, and MgO·Al2O3 are not suitable for smelting low-oxygen, low-[Al]s 95Cr saw-wire steel, mainly because they react with the elements in the molten steel and pollute the steel samples. By contrast, MgO–CaO is an ideal choice to produce 95Cr saw-wire steel. It offers three advantages:(i) It does not decompose by itself at the steelmaking temperature of 1873 K because it exhibits good thermal stability; (ii) [C], [Si], and [Mn] in molten steel cannot react with it to increase the [O] content; and (iii) it not only desulfurizes and dephosphorizes but also removes Al2O3 in-clusions from the steel simultaneously. As a result, the contents of the main elements ([C], [Si], [Mn], [Cr], N, T.O (total oxygen)) in the steel are not affected and the content of impurity elements ([Al]s, P, and S) can be perfectly controlled within the target range. Furthermore, the num-ber and size of inclusions in the steel samples decrease sharply when the MgO–CaO crucible is used.