The steel industry is rapidly transitioning to electric arc furnaces.

"A new analysis from Global Energy Monitor, a San Francisco-based think tank, found that 43 percent of planned steelmaking capacity globally will rely on electric-arc furnaces, up from 33 percent last year."

e360.yale.edu/digest/steel-ind

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@bascule That's great news, I couldn't have imagined alternatives exist for such a specific technical application. I am also curious about the energetic yield, and how much production cost as compared to carbonate sources. The article is not optimistic regaeding the techical conversion rate.. 😔

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