Electric Arc Furnace Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
EAF | C | GrafTech International Ltd. | -3.37 | |
NUE | D | Nucor Corporation | 1.24 |
Related Industries: Diversified Industrials Steel
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
SLX | B | Market Vectors Steel Index ETF Fund | 5.89 | |
FXZ | D | First Trust Materials AlphaDEX Fund | 4.95 | |
CCSO | B | Carbon Collective Climate Solutions U.S. Equity ETF | 4.37 | |
XME | B | SPDR S&P Metals & Mining ETF | 4.35 | |
XLB | D | Materials Select Sector SPDR | 4.17 |
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- Electric Arc Furnace
An electric arc furnace (EAF) is a furnace that heats charged material by means of an electric arc.
Industrial arc furnaces range in size from small units of approximately one ton capacity (used in foundries for producing cast iron products) up to about 400 ton units used for secondary steelmaking. Arc furnaces used in research laboratories and by dentists may have a capacity of only a few dozen grams. Industrial electric arc furnace temperatures can be up to 1,800 °C (3,272 °F), while laboratory units can exceed 3,000 °C (5,432 °F).
Arc furnaces differ from induction furnaces in that the charge material is directly exposed to an electric arc and the current in the furnace terminals passes through the charged material.
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