The global market for DC Electric Arc Furnaces was estimated to be worth US$ 133 million in 2024 and is forecast to a readjusted size of US$ 232 million by 2031 with a CAGR of 8.8% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on DC Electric Arc Furnaces cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
An electric arc furnace (EAF) is a low cylindrical vessel constructed of thick steel plate. It features a dish-shaped refractory hearth and three vertical electrodes extending downward through a dome-shaped, removable roof. Typical shell diameters for 10-ton, 100-ton, and 300-ton EAFs are approximately 2.5, 6, and 9 meters, respectively. Electric arc furnaces use graphite electrodes to input electrical energy into the furnace, using the arc generated between the electrode tips and the charge as the heat source. Using electricity as a heat source, the furnace atmosphere can be adjusted, making it particularly advantageous for melting steels containing high levels of easily oxidizable elements. Using high-temperature flue gas from the furnace, the raw materials can be preheated through technology and equipment, achieving high efficiency, energy conservation, environmental protection, and high yield.
A DC electric arc furnace is an electric arc furnace powered by direct current. Like an AC electric arc furnace, it utilizes the arc generated between the electrodes and the charge (or molten bath) to generate heat for melting. It can be used to melt steel, alloys, and non-ferrous metals. A DC arc furnace converts three-phase AC power into single-phase DC power via thyristor rectification. An arc is generated between a furnace bottom electrode (anode) and a graphite electrode (cathode) to generate a smelting arc. The main differences between DC and AC arc furnace equipment include the addition of a rectifier, a single graphite electrode at the top instead of three, and the addition of a furnace bottom electrode. The primary charge for electric arc steelmaking is scrap steel. Generally speaking, higher carbon, nitrogen, and residue contents make the electric arc process less attractive for producing low-carbon tough steel.
As the global steel industry transitions toward green, low-carbon, efficient, and intelligent development, direct current electric arc furnaces (DC EAFs) are becoming a key area of steelmaking process upgrades. Compared to traditional AC EAFs, DC EAFs offer significant advantages, including lower electrode consumption, improved arc stability, higher energy efficiency, and more precise molten steel quality control. They are particularly well-suited for the smelting of high-value-added products such as special steels and high-quality alloy steels. Their performance in energy conservation and consumption reduction, improved smelting efficiency, and lower production costs are attracting significant attention from major global steelmakers and companies that utilize recycled steel resources.
Globally, core DC EAF companies include Steel Plantech, SMS Group, Primetals, IHI, Nippon Steel Engineering, and Danieli, with the top five companies accounting for over 60% of the market share.
Driven by the goals of achieving carbon peak and carbon neutrality, the adoption of scrap-based mini-process steelmaking is accelerating globally. As a key component of this process, market demand for DC EAFs continues to rise. Especially under the background of policy promotion and capacity structure optimization in major steel countries such as China, India and Turkey, new and renovation projects of DC arc furnaces continue to emerge, giving rise to a huge market for equipment renewal and technology upgrades.
This report aims to provide a comprehensive presentation of the global market for DC Electric Arc Furnaces, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of DC Electric Arc Furnaces by region & country, by Type, and by Application.
The DC Electric Arc Furnaces market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding DC Electric Arc Furnaces.
Market Segmentation
By Company
- Steel Plantech
- SMS
- Primetals Technologies
- IHI
- Nippon Steel Engineering
- Danieli
- Electrotherm
- TENOVA
- SARRALLE
- Sermak Metal
- XiYe Technology Group
- CVS Technologies
- Anyang Younengde Electric
- Shaanxi Chengda Industry Furnaces
- Jiangsu Lushoon Metallurgical
- UkrNIIElectroterm
- Zhuzhou Sourthern Inductive Heating Equipment
- Zhuzhou Tianyi Electric Furnace
Segment by Type
- Below 10t
- 10-50t
- 50-100t
- Above 100t
Segment by Application
- Metal Smelting
- Ore Smelting
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of DC Electric Arc Furnaces manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of DC Electric Arc Furnaces in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of DC Electric Arc Furnaces in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 DC Electric Arc Furnaces Product Introduction
- 1.2 Global DC Electric Arc Furnaces Market Size Forecast
- 1.2.1 Global DC Electric Arc Furnaces Sales Value (2020-2031)
- 1.2.2 Global DC Electric Arc Furnaces Sales Volume (2020-2031)
- 1.2.3 Global DC Electric Arc Furnaces Sales Price (2020-2031)
- 1.3 DC Electric Arc Furnaces Market Trends & Drivers
- 1.3.1 DC Electric Arc Furnaces Industry Trends
- 1.3.2 DC Electric Arc Furnaces Market Drivers & Opportunity
- 1.3.3 DC Electric Arc Furnaces Market Challenges
- 1.3.4 DC Electric Arc Furnaces Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global DC Electric Arc Furnaces Players Revenue Ranking (2024)
- 2.2 Global DC Electric Arc Furnaces Revenue by Company (2020-2025)
- 2.3 Global DC Electric Arc Furnaces Players Sales Volume Ranking (2024)
- 2.4 Global DC Electric Arc Furnaces Sales Volume by Company Players (2020-2025)
- 2.5 Global DC Electric Arc Furnaces Average Price by Company (2020-2025)
- 2.6 Key Manufacturers DC Electric Arc Furnaces Manufacturing Base and Headquarters
- 2.7 Key Manufacturers DC Electric Arc Furnaces Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of DC Electric Arc Furnaces
- 2.9 DC Electric Arc Furnaces Market Competitive Analysis
- 2.9.1 DC Electric Arc Furnaces Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by DC Electric Arc Furnaces Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in DC Electric Arc Furnaces as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Below 10t
- 3.1.2 10-50t
- 3.1.3 50-100t
- 3.1.4 Above 100t
- 3.2 Global DC Electric Arc Furnaces Sales Value by Type
- 3.2.1 Global DC Electric Arc Furnaces Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global DC Electric Arc Furnaces Sales Value, by Type (2020-2031)
- 3.2.3 Global DC Electric Arc Furnaces Sales Value, by Type (%) (2020-2031)
- 3.3 Global DC Electric Arc Furnaces Sales Volume by Type
- 3.3.1 Global DC Electric Arc Furnaces Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global DC Electric Arc Furnaces Sales Volume, by Type (2020-2031)
- 3.3.3 Global DC Electric Arc Furnaces Sales Volume, by Type (%) (2020-2031)
- 3.4 Global DC Electric Arc Furnaces Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Metal Smelting
- 4.1.2 Ore Smelting
- 4.1.3 Others
- 4.2 Global DC Electric Arc Furnaces Sales Value by Application
- 4.2.1 Global DC Electric Arc Furnaces Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global DC Electric Arc Furnaces Sales Value, by Application (2020-2031)
- 4.2.3 Global DC Electric Arc Furnaces Sales Value, by Application (%) (2020-2031)
- 4.3 Global DC Electric Arc Furnaces Sales Volume by Application
- 4.3.1 Global DC Electric Arc Furnaces Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global DC Electric Arc Furnaces Sales Volume, by Application (2020-2031)
- 4.3.3 Global DC Electric Arc Furnaces Sales Volume, by Application (%) (2020-2031)
- 4.4 Global DC Electric Arc Furnaces Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global DC Electric Arc Furnaces Sales Value by Region
- 5.1.1 Global DC Electric Arc Furnaces Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global DC Electric Arc Furnaces Sales Value by Region (2020-2025)
- 5.1.3 Global DC Electric Arc Furnaces Sales Value by Region (2026-2031)
- 5.1.4 Global DC Electric Arc Furnaces Sales Value by Region (%), (2020-2031)
- 5.2 Global DC Electric Arc Furnaces Sales Volume by Region
- 5.2.1 Global DC Electric Arc Furnaces Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global DC Electric Arc Furnaces Sales Volume by Region (2020-2025)
- 5.2.3 Global DC Electric Arc Furnaces Sales Volume by Region (2026-2031)
- 5.2.4 Global DC Electric Arc Furnaces Sales Volume by Region (%), (2020-2031)
- 5.3 Global DC Electric Arc Furnaces Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America DC Electric Arc Furnaces Sales Value, 2020-2031
- 5.4.2 North America DC Electric Arc Furnaces Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe DC Electric Arc Furnaces Sales Value, 2020-2031
- 5.5.2 Europe DC Electric Arc Furnaces Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific DC Electric Arc Furnaces Sales Value, 2020-2031
- 5.6.2 Asia Pacific DC Electric Arc Furnaces Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America DC Electric Arc Furnaces Sales Value, 2020-2031
- 5.7.2 South America DC Electric Arc Furnaces Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa DC Electric Arc Furnaces Sales Value, 2020-2031
- 5.8.2 Middle East & Africa DC Electric Arc Furnaces Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions DC Electric Arc Furnaces Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions DC Electric Arc Furnaces Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions DC Electric Arc Furnaces Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions DC Electric Arc Furnaces Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States DC Electric Arc Furnaces Sales Value, 2020-2031
- 6.3.2 United States DC Electric Arc Furnaces Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States DC Electric Arc Furnaces Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe DC Electric Arc Furnaces Sales Value, 2020-2031
- 6.4.2 Europe DC Electric Arc Furnaces Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe DC Electric Arc Furnaces Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China DC Electric Arc Furnaces Sales Value, 2020-2031
- 6.5.2 China DC Electric Arc Furnaces Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China DC Electric Arc Furnaces Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan DC Electric Arc Furnaces Sales Value, 2020-2031
- 6.6.2 Japan DC Electric Arc Furnaces Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan DC Electric Arc Furnaces Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea DC Electric Arc Furnaces Sales Value, 2020-2031
- 6.7.2 South Korea DC Electric Arc Furnaces Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea DC Electric Arc Furnaces Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia DC Electric Arc Furnaces Sales Value, 2020-2031
- 6.8.2 Southeast Asia DC Electric Arc Furnaces Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia DC Electric Arc Furnaces Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India DC Electric Arc Furnaces Sales Value, 2020-2031
- 6.9.2 India DC Electric Arc Furnaces Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India DC Electric Arc Furnaces Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Steel Plantech
- 7.1.1 Steel Plantech Company Information
- 7.1.2 Steel Plantech Introduction and Business Overview
- 7.1.3 Steel Plantech DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Steel Plantech DC Electric Arc Furnaces Product Offerings
- 7.1.5 Steel Plantech Recent Development
- 7.2 SMS
- 7.2.1 SMS Company Information
- 7.2.2 SMS Introduction and Business Overview
- 7.2.3 SMS DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 SMS DC Electric Arc Furnaces Product Offerings
- 7.2.5 SMS Recent Development
- 7.3 Primetals Technologies
- 7.3.1 Primetals Technologies Company Information
- 7.3.2 Primetals Technologies Introduction and Business Overview
- 7.3.3 Primetals Technologies DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Primetals Technologies DC Electric Arc Furnaces Product Offerings
- 7.3.5 Primetals Technologies Recent Development
- 7.4 IHI
- 7.4.1 IHI Company Information
- 7.4.2 IHI Introduction and Business Overview
- 7.4.3 IHI DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 IHI DC Electric Arc Furnaces Product Offerings
- 7.4.5 IHI Recent Development
- 7.5 Nippon Steel Engineering
- 7.5.1 Nippon Steel Engineering Company Information
- 7.5.2 Nippon Steel Engineering Introduction and Business Overview
- 7.5.3 Nippon Steel Engineering DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Nippon Steel Engineering DC Electric Arc Furnaces Product Offerings
- 7.5.5 Nippon Steel Engineering Recent Development
- 7.6 Danieli
- 7.6.1 Danieli Company Information
- 7.6.2 Danieli Introduction and Business Overview
- 7.6.3 Danieli DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Danieli DC Electric Arc Furnaces Product Offerings
- 7.6.5 Danieli Recent Development
- 7.7 Electrotherm
- 7.7.1 Electrotherm Company Information
- 7.7.2 Electrotherm Introduction and Business Overview
- 7.7.3 Electrotherm DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Electrotherm DC Electric Arc Furnaces Product Offerings
- 7.7.5 Electrotherm Recent Development
- 7.8 TENOVA
- 7.8.1 TENOVA Company Information
- 7.8.2 TENOVA Introduction and Business Overview
- 7.8.3 TENOVA DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 TENOVA DC Electric Arc Furnaces Product Offerings
- 7.8.5 TENOVA Recent Development
- 7.9 SARRALLE
- 7.9.1 SARRALLE Company Information
- 7.9.2 SARRALLE Introduction and Business Overview
- 7.9.3 SARRALLE DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 SARRALLE DC Electric Arc Furnaces Product Offerings
- 7.9.5 SARRALLE Recent Development
- 7.10 Sermak Metal
- 7.10.1 Sermak Metal Company Information
- 7.10.2 Sermak Metal Introduction and Business Overview
- 7.10.3 Sermak Metal DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Sermak Metal DC Electric Arc Furnaces Product Offerings
- 7.10.5 Sermak Metal Recent Development
- 7.11 XiYe Technology Group
- 7.11.1 XiYe Technology Group Company Information
- 7.11.2 XiYe Technology Group Introduction and Business Overview
- 7.11.3 XiYe Technology Group DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 XiYe Technology Group DC Electric Arc Furnaces Product Offerings
- 7.11.5 XiYe Technology Group Recent Development
- 7.12 CVS Technologies
- 7.12.1 CVS Technologies Company Information
- 7.12.2 CVS Technologies Introduction and Business Overview
- 7.12.3 CVS Technologies DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 CVS Technologies DC Electric Arc Furnaces Product Offerings
- 7.12.5 CVS Technologies Recent Development
- 7.13 Anyang Younengde Electric
- 7.13.1 Anyang Younengde Electric Company Information
- 7.13.2 Anyang Younengde Electric Introduction and Business Overview
- 7.13.3 Anyang Younengde Electric DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Anyang Younengde Electric DC Electric Arc Furnaces Product Offerings
- 7.13.5 Anyang Younengde Electric Recent Development
- 7.14 Shaanxi Chengda Industry Furnaces
- 7.14.1 Shaanxi Chengda Industry Furnaces Company Information
- 7.14.2 Shaanxi Chengda Industry Furnaces Introduction and Business Overview
- 7.14.3 Shaanxi Chengda Industry Furnaces DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Shaanxi Chengda Industry Furnaces DC Electric Arc Furnaces Product Offerings
- 7.14.5 Shaanxi Chengda Industry Furnaces Recent Development
- 7.15 Jiangsu Lushoon Metallurgical
- 7.15.1 Jiangsu Lushoon Metallurgical Company Information
- 7.15.2 Jiangsu Lushoon Metallurgical Introduction and Business Overview
- 7.15.3 Jiangsu Lushoon Metallurgical DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Jiangsu Lushoon Metallurgical DC Electric Arc Furnaces Product Offerings
- 7.15.5 Jiangsu Lushoon Metallurgical Recent Development
- 7.16 UkrNIIElectroterm
- 7.16.1 UkrNIIElectroterm Company Information
- 7.16.2 UkrNIIElectroterm Introduction and Business Overview
- 7.16.3 UkrNIIElectroterm DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 UkrNIIElectroterm DC Electric Arc Furnaces Product Offerings
- 7.16.5 UkrNIIElectroterm Recent Development
- 7.17 Zhuzhou Sourthern Inductive Heating Equipment
- 7.17.1 Zhuzhou Sourthern Inductive Heating Equipment Company Information
- 7.17.2 Zhuzhou Sourthern Inductive Heating Equipment Introduction and Business Overview
- 7.17.3 Zhuzhou Sourthern Inductive Heating Equipment DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Zhuzhou Sourthern Inductive Heating Equipment DC Electric Arc Furnaces Product Offerings
- 7.17.5 Zhuzhou Sourthern Inductive Heating Equipment Recent Development
- 7.18 Zhuzhou Tianyi Electric Furnace
- 7.18.1 Zhuzhou Tianyi Electric Furnace Company Information
- 7.18.2 Zhuzhou Tianyi Electric Furnace Introduction and Business Overview
- 7.18.3 Zhuzhou Tianyi Electric Furnace DC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 Zhuzhou Tianyi Electric Furnace DC Electric Arc Furnaces Product Offerings
- 7.18.5 Zhuzhou Tianyi Electric Furnace Recent Development
8 Industry Chain Analysis
- 8.1 DC Electric Arc Furnaces Industrial Chain
- 8.2 DC Electric Arc Furnaces Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 DC Electric Arc Furnaces Sales Model
- 8.5.2 Sales Channel
- 8.5.3 DC Electric Arc Furnaces Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer