12,369.89 TRY BIST 100 BIST 100
43.19 USD USD USD
6.23 CNY CNY CNY
50.24 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
36.80 TRY Interest Interest
63.54 USD Fossil Oil Fossil Oil
5.87 USD Copper Copper
126.39 USD Silver Silver
107.17 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,415.80 TRY Gold (gr) Gold (gr)
106.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

GBP 2.9 million green steel investment from MPI into EAF technology

UK-based MPI has invested GBP 2.9 million to upgrade its electric arc furnace (EAF), preparing to begin production at the country’s only facility of its kind, a seven-ton research plant.

GBP 2.9 million green steel investment from MPI into EAF technology

The upgraded EAF will play a critical role in developing and testing green steel technologies, bridging the gap between laboratory scale and full-scale production, and supporting the transition to sustainable and low-carbon steelmaking.

Following an 18-month preparation phase, installation of the furnace will begin, with the main components to be delivered in December. Full-capacity production is planned for February 2026. The existing EAF will be dismantled in January 2026, after which cold and hot commissioning tests will be carried out.

The new furnace is equipped with technologies such as a jet box injection system, HDI/DRI feeder and argon-supported porous plug, continuous automatic temperature monitoring, a carbon injection stand, integrated digitalization and modeling, advanced tapping and slag-removal control, and electrode magnetic drives. These features will enhance energy efficiency, shorten production times, and improve operator safety.

MPI’s EAF investment will strengthen the company’s production of specialty steels for the nuclear, defense, offshore, aerospace, and engineering sectors, while providing a pilot-scale platform to support the expansion of EAF-based green steelmaking and the development of new alloys.

The project is supported by funding from UK Research and Innovation (UKRI) and Innovate UK under the Foundation Industry Sustainability Consortium (FISC) EconoMISER program, contributing to the adoption of sustainable technologies across the industry.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Turkish company assumed management of Tartus Port which is hosting Russia’s only Mediterranean base

Friday, January 16, 2026

EUROMETAL: Last-minute CBAM changes are putting pressure on steel importers

Friday, January 16, 2026

Worthington Steel has signed an agreement to acquire Kloeckner & Co

Friday, January 16, 2026

EUROFER responded to the statement by European steel-using sectors on the new steel trade measure

Friday, January 16, 2026

Algoma Steel ends 122-year blast furnace era, transitions to EAF steelmaking

Friday, January 16, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now