How AI Can Transform the Steel Industry

Implementing AI is a process where skills and expertise are developed over time.

FREMONT, CA: The steel industry has a long and proud history, with its contributions to the economy and society being immeasurable. However, currently, various challenges seem to hinder its growth and development, including increased energy costs, international competition, and other obstacles threatening its sustainability.

The majority of steel producers are yet to embrace AI despite its rate of development. Due to the strongly ingrained cultures and procedures, steel firms comprise machine operators and groups of metallurgists that create formulas based on experience, trial and error. The absence of linked data makes back-end finishing activities more challenging though it does not affect some front-end processes, such as melting, milling, and annealing.

Innovation and investment are necessary to address these challenges and create a sustainable, green steel industry. AI has the potential to revolutionise the steel-making process, making it more efficient and sustainable.

Here are some ways in which AI can help create a sustainable, green steel industry:

• Energy Optimisation: The steel-making process is highly energy-intensive, and optimising energy consumption can significantly impact the industry's sustainability. By using AI to analyse data and identify inefficiencies, it's possible to reduce energy consumption, lower costs, and reduce emissions. AI can optimise energy use throughout the production process, from raw materials to the final product.