NZ steel explains new arc furnace after removing its old one

The history of steel making in New Zealand is driving decisions being made now. (Image: NZ Steel)

Wed, 31 May 2023

New Zealand Steel says its move to an electric arc furnace model being subsidised by the government is not comparable to the decision to decommission similar equipment in 2014.It was announced recently that the government will contribute up to $140 million in a $300m upgrade to NZ’s only steel mill, at Glenbrook south of Auckland, in the largest single action taken to date to reduce the country’s greenhouse gas emissions.By converting half of its current steel production to use electricity instead of coal, Australian-owned NZ S...

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Developer Kurt Gibbons buys Ryman’s Newtown site

The land was formerly the site of Wellington's Tip Top bread factory.

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