Glossary
An AC arc furnace makes use of three electrodes to distribute energy.
Putting scrap or other iron raw material in the electric arc furnace for melting into steel.
A DC arc furnace makes use of one electrode to distribute energy.
A low-carbon economy (LCE) is an economy which absorbs as much greenhouse gas as it emits.
Direct Reduced Iron. A group of processes for making iron from ore by removing the oxygen from the iron ore. No blast furnace is needed.
The period when the electric arc furnace begins to pour molten steel until it finishes pouring molten steel.
A furnace that melts steel scrap using the heat generated by a high power electric arc. During the melting process, elements are added to achieve the correct chemistry and oxygen is blown into the furnace to purify the steel.
An electrochemical device which works like a fuel cell in reverse and can split water into its constituent molecules,hydrogen and oxygen,by passing an electric current through it.
Raw materials.
Steel mills that produce a type of finished rolled steel product like steel strip and plate.
(Or baghouse or elephant house) An air pollution control device and dust collector that removes particulates or gas released from commercial processes out of the air.
A rod made of graphite which serves to transfer the electrical energy from the power supply to the steel melt in the EAF bath.
A mill that is newly built rather than rebuilding an existing mill.
How much a customer will pay above the normal price to buy a low carbon product.
Behaviour that makes people believe that a company is doing more to protect the environment than it really is.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous