Australian flat steel producer BlueScope has announced an accelerated feasibility study to build a new electric arc furnace at its New Zealand Steel (NZ Steel) works at Glenbrook, south of Auckland for around NZ$300 million.
The EAF, targeted to be operational by 2026, will be co-funded by the New Zealand government to produce low-emissions steel-aiming to reduce NZ Steel’s Scope 1 and 2 greenhouse gas emissions by at least 45%– the same as taking more than 300,000 cars off the road.
The reductions will be achieved by replacing Glenbrook’s existing oxygen steelmaking furnace and two of the four coal fuelled kilns.
Read more from Steel Times International
Date posted 23/05/2023
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