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British Steel looking to introduce electric arc furnaces-The 18th China(Guangzhou)Int’l Metal &Metallurgy Exhibition 6/7/2017 金属展-冶金展-钢铁展-steel expo-metal &metallurgy expo |
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Scunthorpe Telegraph reported that Scunthorpe based British Steel business is looking at introducing electric arc furnaces to run alongside the traditional blast furnaces. As per report, executive chairman Mr Roland Junck revealed that “We are working on it. But it is not an easy option. The use of such furnaces recycling scrap metal could maximize the profits from making liquid steel.”
Earlier the company announced during the first of trading the cost of raw materials, coal and iron ore, used in traditional steel-making had soared by 44%.
The use of electric arc furnaces allows steel to be made from a 100% scrap metal feedstock. This greatly reduces the energy required to make steel when compared with primary steel-making from ores.
Another benefit is flexibility: while blast furnaces cannot vary their production by much and can remain in operation for years at a time, arcs can be rapidly started and stopped, allowing the steel mill to vary production according to demand.
As the arcs require large amounts of electrical power, many companies schedule their operations to take advantage of off peak electricity pricing.
-The
18th China(Guangzhou)Int’l Metal &Metallurgy Exhibition
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