When an Induction Furnace Might Be Worth the Investment

Induction furnaces have many uses today, especially in the casting industry and for use in the automotive industry. When it comes to the steel industry and all the uses we can think of when it comes to these metals, the need for induction furnaces for spare parts melting continues to grow. If you are in the works for steel melting of various spare parts of any other type of uses for a used induction furnace, look no further.

Today we want to take a closer look at all of the ways that induction furnaces can be used that you might not have even thought about. By understanding how they work and how they can apply to a variety of aspects in your own life, you can give meaning to your induction melting so that you can grow a better business with one of these useful tools.

Steel and Its Role in the United States

We don’t know how important induction heating is until we realize all that can be made with steel. In fact, about 16% of the steel that is found in the world today is used for mechanical equipment that can impact our daily lives such as manufacturing or robotics, which we need more of in our modern times. Another 50%, the largest amount, is used for buildings and infrastructure. Another 13% is used in the automotive industry, which seems like a low percentage, but can stand for tons and tons of steel.

Today, the United States has climbed to the top of the ranks for producing more steel than any other country. In 2017, in fact, the country imported up to $27 billion worth of steel. When it comes to our spare parts, giving back and making new products out of used steel can be an effective way to bring new products to the market in a short amount of time. This is done through the use of an induction furnace.

Using Induction Furnaces Today

Induction furnaces can be used for many different types of applications that you might have not ever considered. For instance, they could be used for investment casting or the melting of precious metals that we find in our jewelry and many other applications today. Many companies continue to rely on these furnaces, specifically those that manufacture alloys, due to the fact that they are able to handle the load of incoming steel and use flexibility that a business needs so that it can put products out in a quick and efficient manner.

Your company might be in need of an induction furnace, especially when you work in mechanics or any other type of machine shop that calls for this special type of tool for your metals. Consider investing in an induction furnace that will help empower your business and melt steels for the use in other products.

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