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24 Apr
12:13

Coronavirus could accelerate EAF transition in EU: Genet

The coronavirus outbreak and its consequences on steel demand and production could well accelerate the transition from old and aging integrated steelmaking site to EAF-based new mills, Marcel Genet from Laplace Conseil tells Kallanish. “There is ample room for increased scrap-based production of steel in Europe. The EU is the world largest exporter of scrap (> 20 million tonnes in 2019 to non-EU producers) and at the same time the largest importer of fini…
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