Tung Ho Steel Enterprise Corporation (Tung Ho Steel), one of the manufacturers of rebar products in Taiwan, has planned to renew the electric arc furnaces at its Miaoli and Taoyuan factories by 2030.
With an investment of approximately NT$15 billion, Tung Ho Steel actively promotes green energy and energy storage and moves towards carbon reduction and energy conservation.
After the electric arc furnaces are renewed, 20% electricity can be saved. In addition, the recycled waste heat and gas can be combined with ORC power generation and 60% of the electricity will be provided for steel post-roll processing.
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