According to Tenova, the 280-metric-ton EAF, which will be equipped with a Consteerrer electromagnetic stirrer and continuous scrap charging, is bound for the steelmaker’s Gwangyang facility. It is to enter service by the end of 2025. 

The project represents an investment of KRW600 billion. 

“The new EAF will be uniquely designed to match the needs of quality, productivity, and efficiency that such an experienced steelmaker demands, and will be equipped with a full set of robotic applications and enhanced safety solutions such as the Safe+ EAF water leakage detection system to dispel any concerns about EAF safety and user-friendliness some BOF users might still harbor,” Tenova said in a statement. 

Tenova said it was awarded the contract following a two-year co-engineering and competitive design process. 

“As a member of Tenova, I find profoundly gratifying that such a top-class steelmaker recognized our unique experience in large EAFs and understood the value of our patented technology. We are committed to become a long-standing partner of POSCO as we build together a new environmentally friendly and record-breaking furnace,” said Paolo Stagnoli, Tenova’s commercial director for electric arc and ladle furnaces.