Glossary
Energy Optimising Furnace
Steel
The energy optimising furnace (EOF) burns coal, enhanced by oxygen injection, to generate the thermal energy needed to preheat and then melt a mixture of scrap and pig iron, or other steelmaking raw materials, in an enclosed hearth. It is a vertical process with the hearth at the base, and chambers above in which scrap etc is preheated by off-gases before descending into the melting zone and steel is tapped off at the bottom of the vessel. The EOF is recognised as a way of producing good quality steel with relatively low investment and operating costs.
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous