Digitalization of the steel industry has been ongoing for decades now. In recent years, it has gained great momentum from the current industry 4.0 trend and newly emergent technologies. However, there are still challenges to be solved. And besides, the digitalization...
The inflation and the price of electricity have risen sharply during 2021. In addition to these, the price of CO2 allowances in the EU has been also in a steep upswing. There has been already a 154% increase (from 33€ to 84€) during 2021 and analysts estimate that the...
Finland is taking significant steps towards fossil-free steel. Business Finland is funding three large research projects which aim to reduce the CO2 emissions from the production of metals and to completely eliminate the emissions in certain processes. Two of the...
The steel industry is under heavy pressure to reduce its CO2e emissions. Even the smallest improvements in the processes make the difference when the production amounts are so enormous. One ArcSpec system has been calculated on average to reduce the direct and...
Luxmet is part of the AMET project which goal is to develop and provide platform economy solutions for the steel industry. As part of the project, we have developed our ArcSpec system further to enable the measuring of the scrap basket charges in the EAF process....
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