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Global Steel Equipment Market Shifts Toward Modular, Green Retrofit Solutions
New CRU report shows 62% of steelmakers plan retrofits by 2027—driving demand for SteelForge’s plug-and-play modular roll stands and hydrogen-compatible furnace interfaces.
Apr 8th,20269 Views
A recent CRU Group analysis confirms a structural pivot in capital expenditure: aging mills in EU, India, and Southeast Asia are prioritizing cost-effective retrofits over greenfield builds. SteelForge’s ModuRoll™ platform—featuring standardized hydraulic gap control, quick-change chocks, and H₂-ready refractory interfaces—has secured 9 contracts in Q2 2024. This trend underscores the strategic shift from ‘replace’ to ‘renew’, accelerating adoption of low-carbon-ready mechanical systems without full line shutdowns.