The submerged arc furnaces market will reach USD 10 billion by 2032, as reported in a research study by Global Market Insights Inc. The rapid expansion of the iron and steel industry will support ...

Wilmington, Delaware, United States, May 18, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. – The Global Electric Arc Furnaces Market stood at US$ 800.0 million in 2022 and the global ...

Very soon, that flame will burn out for good, marking a new era of steelmaking.

In a move to embrace sustainable steelmaking, British Steel has unveiled a £1.25 billion plan to replace two blast furnaces at its Scunthorpe plant with electric arc furnaces. This follows the UK ...

Big integrated steel mills like those operated by U.S. Steel and ArcelorMittal in Northwest Indiana have forged iron in towering blast furnaces that make high-quality metal for cars, appliances, and ...

British Steel has won planning permission for a new electric arc furnace on Teesside. The company is seeking to build the facility at its Lackenby site near Redcar, allowing it to use greener methods ...

The building housing the furnace would cover 34,000 sq m (8.4 acres) The size and design of a new electric arc furnace planned for Teesside has been revealed. British Steel said the new furnace at ...

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global electric arc furnaces market and the market is poised to grow by USD 470 million during 2019-2023 at a CAGR of nearly 11% during the ...

There are two basic ways to make steel in this country. One is from scratch. The other is by recycling. And as you might expect, the scale is now balanced toward recycling. Slightly less than 60 ...

Hyundai Steel shut down an electric arc furnace plant in Dangjin, South Chungcheong, on Monday due to a decrease in demand and the plant’s low profitability, the steelmaker confirmed Wednesday.