Price Ranges for Steel Furnaces

The price range for steel furnaces can vary significantly depending on factors such as size, capacity, technology, and brand. Here are approximate price ranges for different types of steel furnaces:

1. Electric Arc Furnaces (EAFs): Small-scale EAFs can range from $1 million to $5 million, whereas larger industrial EAFs can cost between $10 million to $50 million.

2. Blast Furnaces: Blast furnaces are usually large-scale installations used in integrated steel mills and can cost anywhere from $100 million to several hundred million dollars.

3. Induction Furnaces: Induction furnaces are commonly used for smaller-scale steel production and can range in price from $50,000 for a small tabletop unit to $1 million or more for a larger industrial furnace.

It's important to note that these are rough estimates, and prices can vary based on specific requirements, customization, and market conditions. For more precise pricing information, it is recommended to directly contact furnace manufacturers or suppliers.