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Tokyo Steel expects to increase its electric arc furnace production capacity over the next few decades and thereby gradually achieve carbon neutrality. During Thursday’s Kallanish International Steel Scrap Conference in Istanbul, Tokyo Steel general manager sales Gaku Ito said the company plans to reach 6 million tonnes/year of steel capacity in 2030 and 10m t/y in 2050. With advanced use and recycling methods, this will be equal to its scrap purch…
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