Dofasco has made a $5.5 million strategic investment with CHAR Technologies to use biocarbon, produced at CHAR's facility in Thorald, Ontario. The technology transforms wood waste into natural gas and biocarbon using a cracking process, and Dofasco will be using the biocarbon in their new EAF.
Biocarbon has been used in a blast furnace at Dofasco since 2021, but the agreement means that it will be expanded to the new EAF.
https://chartechnologies.com/char-techn ... agreement/
Future changes in cargo/logistics
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Re: Future changes in cargo/logistics
Near term (next 5 years) will be interesting. IIRC the Canadians are planning on completely phasing out all their blast furnaces by 2028. There will be a knock on effect as coking coal won't be needed for the EAF's.
Imagine DRI might fill some of that gap. Will scrap steel be moved from the US to Canada via boats or barges? Or does Canada have enough of their own? What happens to the boats currently running to those Canadian mills?
Imagine DRI might fill some of that gap. Will scrap steel be moved from the US to Canada via boats or barges? Or does Canada have enough of their own? What happens to the boats currently running to those Canadian mills?
Future changes in cargo/logistics
Another post brought up the point of the change to electric arc furnaces and the impact on the coal and iron ore trades, and by extension shipping. As the corporate execs look at the long-term future of Great Lakes shipping, what factors come in to play? Change in cargo, changes in shipping methods (bulk vs containers), change in routes, size of ships, etc? I would assume this goes well beyond the corporate structure and involved discussions with government officials.