Sources: Nucor Corp., Charlotte, N.C.; CP staff A recently penned memorandum of understanding raises prospects for co-locating NuScale Power Corp. VOYGR small modular nuclear reactor (SMR) power plants to serve Nucor Corp. Electric Arc Furnace (EAF) steel mills. The companies will evaluate site suitability, transmission interconnection capabilities and capital costs Read more…
Sources: Steel Manufacturers Association, Washington, D.C.; CP staff
A Steel Manufacturers Association (SMA) study concludes that the output of electric arc furnace (EAF) steelmakers in the U.S. has a carbon intensity approximately 75 percent lower than that of peers running traditional, coal-fueled blast furnaces. Large operations deploy the latter to melt raw materials into iron, then process it into steel. EAFs primarily use electricity and recycled ferrous scrap to make steel, resulting in a lower carbon emission and less energy-intensive process.
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