Tenova, a renowned developer and provider of sustainable solutions for the metals industry, has secured a significant contract to supply POSCO, one of the world's largest steelmakers, with a cutting-edge Electric Arc Furnace (EAF) equipped with the state-of-the-art technologies, Consteel® and Electromagnetic Stirrer Consteerrer®. This EAF will be installed at POSCO's Gwangyang plant in South Korea, where the company has been steadfast in its pursuit of decarbonizing its high-quality steel products.POSCO, producing approximately 43 million tonnes of steel in 2022, has prioritized the decarbonization of its steel offerings, including integral cycle grades used in automotive and electric steel grades for electrical mobility and green power generation solutions. The transformation towards sustainability involves a shift from the BF-BOF route to Electric Steelmaking based on EAF technology.After an extensive two-year co-engineering process and competitive evaluation, POSCO has selected Tenova's EAF solution. This full-platform EAF has the capacity to tap 280 tonnes of liquid steel and is equipped with the Consteel® continuous scrap charging system and the Consterrer® electromagnetic stirring system, a joint patent between Tenova and ABB.The new EAF has been custom-designed to meet the stringent requirements of quality, productivity, and efficiency expected by a steelmaker of POSCO's caliber. It will feature advanced robotic applications and enhanced safety measures, such as the Safe+ EAF water leakage detection system, ensuring user-friendliness and addressing any safety concerns associated with the transition from BOF Converters to EAF technology.Paolo Stagnoli, Sales Director for EAF&LF at Tenova, emphasizes the groundbreaking nature of this project. He highlights that the introduction of such a large and powerful EAF represents a paradigm shift for integral steelmakers, who may initially feel apprehensive about the new technology. Stagnoli expresses his pride in Tenova's expertise in large EAFs and the recognition by a top-class steelmaker like POSCO. The collaboration aims to establish a long-term partnership and construct an environmentally friendly and record-breaking furnace.The new EAF will be installed in a dedicated section of POSCO's Gwangyang plant, where it will integrate with the existing blast furnaces by merging its steel production with the liquid iron stream. The project is expected to be completed by the end of 2025, further propelling POSCO's commitment to sustainable steel production and contributing to the global efforts in decarbonization.
Tenova, a renowned developer and provider of sustainable solutions for the metals industry, has secured a significant contract to supply POSCO, one of the world's largest steelmakers, with a cutting-edge Electric Arc Furnace (EAF) equipped with the state-of-the-art technologies, Consteel® and Electromagnetic Stirrer Consteerrer®. This EAF will be installed at POSCO's Gwangyang plant in South Korea, where the company has been steadfast in its pursuit of decarbonizing its high-quality steel products.POSCO, producing approximately 43 million tonnes of steel in 2022, has prioritized the decarbonization of its steel offerings, including integral cycle grades used in automotive and electric steel grades for electrical mobility and green power generation solutions. The transformation towards sustainability involves a shift from the BF-BOF route to Electric Steelmaking based on EAF technology.After an extensive two-year co-engineering process and competitive evaluation, POSCO has selected Tenova's EAF solution. This full-platform EAF has the capacity to tap 280 tonnes of liquid steel and is equipped with the Consteel® continuous scrap charging system and the Consterrer® electromagnetic stirring system, a joint patent between Tenova and ABB.The new EAF has been custom-designed to meet the stringent requirements of quality, productivity, and efficiency expected by a steelmaker of POSCO's caliber. It will feature advanced robotic applications and enhanced safety measures, such as the Safe+ EAF water leakage detection system, ensuring user-friendliness and addressing any safety concerns associated with the transition from BOF Converters to EAF technology.Paolo Stagnoli, Sales Director for EAF&LF at Tenova, emphasizes the groundbreaking nature of this project. He highlights that the introduction of such a large and powerful EAF represents a paradigm shift for integral steelmakers, who may initially feel apprehensive about the new technology. Stagnoli expresses his pride in Tenova's expertise in large EAFs and the recognition by a top-class steelmaker like POSCO. The collaboration aims to establish a long-term partnership and construct an environmentally friendly and record-breaking furnace.The new EAF will be installed in a dedicated section of POSCO's Gwangyang plant, where it will integrate with the existing blast furnaces by merging its steel production with the liquid iron stream. The project is expected to be completed by the end of 2025, further propelling POSCO's commitment to sustainable steel production and contributing to the global efforts in decarbonization.