Hyundai Steel Establishes Low-carbon Electric Furnace Production System

SEOUL, May 27 (Korea Bizwire) — Hyundai Steel Co., South Korea’s No. 2 steelmaker, said Thursday it will launch the production of high-end steel materials by establishing Hy-Cube, a new electric furnace-based steel production system. The Hy-Cube technology is based on a new-concept electric furnace called Hy-Arc, an upgraded version of an existing electric furnace [...]