GE Vernova Collaborates With Tenova on Electric Arc Furnace for Nippon Steel

10:50 AM EDT, 09/29/2026 (MT Newswires) -- GE Vernova (GEV) is collaborating with engineering company Tenova, which has been selected by Nippon Steel to supply a Consteel electric arc furnace for the Japanese company's Yawata Area at Kyushu Works. GE Vernova's Direct Feed system will power the electric arc furnace, Tenova said Tuesday in a statement. Financial details weren't disclosed. Price: 967.20, Change: +17.43, Percent Change: +1.83