Iron and Steel Production
Iron and steel production is generally divided into three areas. The 1st area is the blast furnace area, where ironmaking of iron ore, coking coal, and other raw materials is carried out in an integrated manner. The 2nd area is the electric furnace area, where steelmaking and steel products are produced by melting iron and steel scraps and removing impurities. The 3rd area is the special steel furnace area, where high-grade steel with special functionality is produced by adding rare metals, etc. In recent years, due to soaring raw material prices and declining selling prices as a result of demand for steel remaining high, improving profitability through streamlining of manufacturing processes and stable operation has become an issue for the industry.