The EAF will replace the No.2 blast furnace at the plant to decrease carbon dioxide (CO2) emissions.
JFE Steel is reviewing the feasibility of building an EAF that can reduce CO2 emission to a quarter of those of a blast furnace between 2027 and 2030 when the No2 blast furnace will need to undergo refurbishment, the company spokesperson told the news agency.
Blast furnaces undergo a refurbishment every 20 to 25 years.
This move comes as steel manufacturers around the world are facing pressure to cut down CO2 emissions.
Electric arc furnaces are less polluting than blast furnaces as more steel makers are looking at reducing CO2 emissions.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
A unit of JFE Holdings, JFE Steel owns eight blast furnaces in the country, including three at Kurashiki.
It plans to close one blast furnace in eastern Japan by March 2024.
The spokesperson was quoted by the news outlet as saying: “We plan to maintain our annual crude steel output capacity of 26 million tonnes even if we switch one of the blast furnaces with an EAF.”
The spokesperson revealed that no investment plan has been set as the firm has decided only last week to begin considering an EAF construction at Kurashiki, reported Nihon Keizai Shimbun business daily.
Image: Steel manufacturers around the world are facing pressure to cut down CO2 emissions. Credit: Janno Nivergall from Pixabay.