Glossary
Lance
Steel
Lances are hollow steel bars which can resist very high temperatures. They are used to introduce additional elements into the melting vessel after it has been charged with its principal raw materials. In both types of steelmaking, a lance is principally used to inject oxygen into the melt. This is essential in BOF steelmaking to achieve the chemical conversion of iron into steel, whereas in EAFs, oxygen injection is more usually associated with generating additional energy in the melt to reduce electricity consumption.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous