Nov 9, 2023 | ArcSpec, EAF
Electrode consumption is a major cost in EAF steelmaking and it’s not just about electrode quality; it’s also influenced by how we handle them in our EAF process. This post explains phenomena causing consumption and practices to reduce it. One key aspect is...
Nov 2, 2023 | ArcSpec, EAF
At Luxmet, we’re thrilled to introduce ArcSpec, our innovative solution that not only decreases power-on-time by 5% but is also easy to install in any existing Electric Arc Furnace (EAF). Electricity Savings Annually: With ArcSpec’s advanced technology, we...
May 16, 2022 | ArcSpec, EAF
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...
Jan 19, 2022 | ArcSpec, EAF
Electrode consumption forms a large part of the operational costs of EAF steelmaking. In addition, electrode prices have been very volatile during recent years. Therefore, it is important to understand what causes the consumption of electrodes and how it could be...
Jan 10, 2022 | ArcSpec, EAF, Sustainability
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...
Nov 3, 2021 | ArcSpec, EAF, Sustainability
It is not exactly a secret that melting steel with an electric arc requires massive amounts of energy. Typical production volumes start from a hundred thousand tons per year and reach over one million tons annually. It is obvious that the electricity bills are...
