Blast furnaces can't compete with new generations of electric arc furnaces that mix scrap with direct reduction iron to make virgin steel
New Chinese technology trumps Western processes....and makes the use of metallugical coal obsolete.
https://www.techexplorist.com/groundbreaking-ironmaking-breakthrough-china-increases-productivity-3600-times/95169/
Most definitely something to bring up in the current lawsuit against Alberta for a failed investment.
New Chinese technology trumps Western processes....and makes the use of metallugical coal obsolete.
https://www.techexplorist.com/groundbreaking-ironmaking-breakthrough-china-increases-productivity-3600-times/95169/
Most definitely something to bring up in the current lawsuit against Alberta for a failed investment.