Nov 30, 2023 | Sustainability
Decade-Long Research, Cutting-Edge Solutions Luxmet, with its company’s roots in interdisciplinary research between the physics and process metallurgy departments at Oulu University, stands proudly at the forefront of energy-efficient solutions for steel...
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...
Dec 15, 2021 | Events, Research, Sustainability
Finland is taking significant steps towards fossil-free steel. Business Finland is funding three large research projects that aim to reduce the CO2 emissions from the production of metals and to completely eliminate the emissions in certain processes. Two of 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...
Oct 5, 2021 | ArcSpec, EAF, Sustainability
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...
Mar 11, 2021 | ArcSpec, EAF, Sustainability
A sustainable circular economy means that the society aims to reduce the burden of nature by making sure that the resources remain in use for as long as possible. The role of steel in the circular economy is considered as it is a permanent material. Steel is used in...
