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$100 million for Glenbrook steel mill
#6
(06-06-2023, 10:17 AM)Oh_hunnihunni Wrote: This technology has been in use in Scandanavia for a few years now and the steel produced is as good as old methods made, and is working out cheaper as I understand it.

It's called progress...

As far as I understand, recycled steel is better suited to a carbon arc furnace, so this would explain things.
It can be processed to extract any undesired additives if necessary.
It would be cheaper in the sense that the steel making process is already done, but reprocessing depending on the required alloy may affect the price.
I guess if the scrap iron is graded well beforehand,  this would make a difference.
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RE: $100 million for Glenbrook steel mill - by nzoomed - 06-06-2023, 09:01 PM

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