QYR Market Research Global Electric Arc Furnaces market research | Page 4

QYResearch
• In the past few years, as the main raw material price was not
stable, with the addition of a sharp increase in production
capacity, expected that the Electric Arc Furnaces raw material
price will be relatively stable in the short term. However, the
improvement of energy, transportation costs, and employee
wages, will play a significant role in promoting the cost of
Electric Arc Furnaces.
• In China, Electric Arc Furnaces market is occupied by foreign
banks to some degree, such as Danieli, Electrotherm, SMS,
Siemens, China is the world’s largest consumption market of
electric arc furnaces; as the same time, the production of
electric arc furnaces in China grown gradually.
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