9,724.50 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.45 TRY Interest Interest
73.24 USD Fossil Oil Fossil Oil
29.75 USD Silver Silver
4.12 USD Copper Copper
100.31 USD Iron Ore Iron Ore
353.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,628.71 TRY Gold (gr) Gold (gr)

Daido Steel will supply electric furnace to JFE Steel

Daido Steel is preparing to provide a state of the art electric furnace known as STARQ® to JFE Steel's No. 4 steel production facility in Chiba.

Daido Steel will supply electric furnace to JFE Steel

JFE Steel is well known for its stainless steel production at plant number 4. It anticipates that the introduction of the STARQ® electric furnace will increase scrap utilization and lead to a significant reduction in CO2 emissions of up to 450,000 tons per year.

STARQ® is designed as an electric furnace with versatility in processing raw materials of various types and shapes. It is particularly well suited for the production of high quality steels, including stainless steel.

With a targeted annual production capacity of around 300,000 tons, the electric furnace is scheduled to be operational in the second half of 2025.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

India’s crude steel production increased by 4.5% in November

Monday, December 23, 2024

South Korea's crude steel production declines in November

Monday, December 23, 2024

‘IMF: Gulf countries continue to grow on reforms and steel production’

Monday, December 23, 2024

India launches investigation into flat steel product imports

Monday, December 23, 2024

Italy's crude steel production decreased in November

Monday, December 23, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now