On an annual casting production of 95 million metric tons, with ferrous alloys costs conservatively set at $1.2 per kg, the total foundry market is well in access of $100 billion. Approximately 15% of these costs are energy costs ($15 billion) and 75-80% of the costs are in the melting process alone. A 10% saving in energy efficiency is equivalent to a saving of $1.5 billion along with substantial reduction in harmful greenhouse gas emissions. A quick Google search will discover that the ...

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