30
Apr
09:49
Angang denies electric arc furnace plan
China’s Anshan Iron & Steel (Angang) says it has no plans to develop electric arc furnaces for the time being. This is because it is a steelmaker focussed on using blast furnaces and converters, it said in response to an investor’s question.
EAFs are being favoured in policy over blast furnaces and converters as China targets peak steel carbon emissions in 2025 and carbon neutrality by 2060, Kallanish notes. The company's comments suggest …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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