Hyundai Steel produces low-carbon, high-strength steel plates

Hyundai Steel has succeeded in producing low-carbon, high-strength steel plates, the company said Tuesday. It says it has become the first steelmaker globally to produce high-strength steel plates by using an electric arc furnace, which helps reduce carbon emissions drastically during the whole process. Electric arc furnaces are being increasingly adopted by steelmakers as they seek a strategic shift from the traditional blast furnace. Hyundai Steel said it recently produced a steel plate with m