08
Jul
11:43
Liberty Ostrava contracts Danieli for hybrid EAFs
Liberty Ostrava has signed a deal to procure from Danieli the two hybrid electric arc furnaces it plans to roll out in its bid to become carbon neutral by 2030.
Liberty initially outlined in 2020 its plan to replace blast furnace steelmaking with the EAFs, to use increased domestic scrap as feedstock and reduce CO2 emissions (see Kallanish passim).
The new EAFs entail an investment of CZK 8.6 billion ($352.7 million). Their combined capacity will be 3.5 million …
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Anonymous
Very good overview of the weekly steel market.
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