electric arc furnace
Up to 2,800 potential job losses are anticipated, with approximately 2,500 roles expected to be impacted in the next 18 months
The producer Liberty Steel UK will operate its electric arc furnace plant at Rotherham between 11pm to 6am when energy costs are lower
The company’s proposed transition to electric arc furnace has the potential to reduce its carbon emissions by around 70%
The GREENSTEEL strategy aims to offset carbon emissions through investments in new environmentally-friendly technology such as hydrogen-based steelmaking